Hi guys, fairly new to the Jumbo Interactive stock. It caught my eye as I was doing my stock screening. Overall, I was quite impressed with the fundamentals of this company - growing revenues, EPS, strong profit margins, low debt/equity and strong cash/liquidity position. I am not across all of this agreement stuff they have going on with Tabcorp and the confusion it has caused. Would someone be able to shed some light as to what happened to Jumbo Interactive lately and the future implications of this agreement (in simple terms) ? Really appreciate it.
Cheers.
Ann: Tabcorp 10 year agreement, page-117
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