JIN 0.07% $13.40 jumbo interactive limited

Ann: Update on preliminary FY22 Results, page-28

  1. 332 Posts.
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    This company seems to keep doing well, and I like the overseas and charity expansions. But from what I understand, I big chunk of our revenue is still from Aussie lotteries, and my question is, why do people choose to buy from Jumbo instead of directly, where they would save themselves money, and hence increase their expected return? Isn't that the essence of gambling - spend as little as possible to win as much as possible, while balancing your risk profile?
 
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$13.43 $13.56 $13.36 $1.445M 107.4K

Buyers (Bids)

No. Vol. Price($)
1 4319 $13.40
 

Sellers (Offers)

Price($) Vol. No.
$13.48 804 1
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