Great news.
Once they have enough of these lotteries onboard there is also scope to increase their margin. I read somewhere the current margin is ~4% of the ticket price. I met with a company that specialises in fund raising for the charity sector about a year ago and they told me companies like Everyday Hero charge around 6-8% of funds raised.
Charity Lotteries, page-3
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Last
$13.40 |
Change
-0.120(0.89%) |
Mkt cap ! $843.7M | |||
| Open | High | Low | Value | Volume |
| $13.50 | $13.59 | $13.38 | $1.274M | 94.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 590 | $13.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.48 | 418 | 1 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| JIN (ASX) Chart |