Ann: Half Year Results - Investor Presentation, page-13

The issue is that JIN hasn't mentioned it. I'm pretty sure there was mention of it in the full year report. I'm guessing nothing has happened in the space unfortunately, hopefully it's still a priority.

The issue with JIN is that it is priced as a growth stock but the growth they are currently achieving doesn't back it up. They would realise this and perhaps are wanting to retain more of their earnings (rather than pay dividends) in future to beef up the team looking to onboard larger lotteries or build a more attractive proposition for large overseas lotteries.

The P/E has been a sticking point for awhile and people's patience doesn't last forever, which is why there has been substantial shorting of this stock for awhile, although it has tapered off recently. Hopefully this report doesn't renew the shorters interests.