The problem stems from the fact that people do not understand what GROWTH means. Lotteries are growing at an outstanding pace. Take the recent $80m powerball jackpot, I estimate that roughly 107 million standard game equivalents were sold by Thursday 9/7/20. Compare that to the 11/7/19 jackpot draw of $80m where ~73 million standard game equivalents were sold.
People here will think $10 is about fair value, some may think Jumbo is going to $15 or $20 at most.
Me? It's a $100 plus company in the making in the next few years. I'll be opening a new thread to show snippets of my research as to why!
Strap on fellas!
The problem stems from the fact that people do not understand...
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Last
$17.09 |
Change
-0.160(0.93%) |
Mkt cap ! $1.075B | |||
| Open | High | Low | Value | Volume |
| $17.50 | $17.55 | $16.99 | $3.200M | 186.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1160 | $17.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.09 | 4126 | 1 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
$17.10 |
Change
-0.160 ( 0.95 %) |
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| Open | High | Low | Volume | ||
| $17.37 | $17.54 | $16.99 | 21674 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| JIN (ASX) Chart |