Agree Captain. 4.65% paid back to Tabcorp is massive (from memory their total margin was 10% - can someone confirm?) so now down to 5.35% and they paid $15M for the deal + giving away margin in the next few years that were under the previous contract. Together Id guess that’d be more than 50% loss of margin for the new term? That’s quite a clip to future revenue.... however, not sure what else they could have done.
Ann: Tabcorp 10 year agreement, page-29
Add JIN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$16.00 |
Change
0.000(0.00%) |
Mkt cap ! $1.007B | |||
| Open | High | Low | Value | Volume |
| $15.99 | $16.17 | $15.94 | $467.1K | 29.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 97 | $16.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.01 | 223 | 13 |
View Market Depth
| Last trade - 13.45pm 29/07/2024 (20 minute delay) ? |
| JIN (ASX) Chart |