- share based payment accounted for Tripp as its expected this will be met. Therefore he must be working on something they expect to close
- 7 May is what we are waiting for and is when FO's will be launched. Soft launch in Mar is really just testing and obtaining results to assist in signing up the 33 handles in NJ. Pointsbet is already signed on
- Said they have taken note of shareholder feedback/blowback on SP and are solely focusing on B2B - in hindsight the TAB offer was not the right thing to do. not in discussions with TAB atm
- cant control the SP and are just focused on delivering good results and growing the business. They are all heavily invested so want the SP to be higher.
- AUS has been a tremendous success with the MTS and have 6 bookies on board with 2 already launched and 4 more to launch this qtr. This will continue to grow as results have exceeded clients expectations and also BETs expectation
- Capex will come down to normalised levels - large initial investment in new hardware for launch to improve customer experience and increase turnover. Current terminals are like 20 yrs old and if break down are difficult to service so are losing dollars.
Pretty much all else is known. This is a serious company with first mover advantage in opening up one of the biggest markets globally and unique tech that looks after all parties, including themselves. Their results will continue speak for themselves and SP will eventually catch up.
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Ann: FY22 Half Year Results Presentation, page-43
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