JIN 1.20% $14.01 jumbo interactive limited

half-year report - this does not look good, page-31

  1. 873 Posts.
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    Let it be known that the investment in Manacomm although turning sour in the end, because of the loss of the trend micro business etc ,was great for them at the time because it enabled JUM/MNL to secure the lucrative exclusive nsw online lotteries business.
    At the time JUM needed to shore up its balance sheet and revenue streams in order to secure the nsw business and Manacomm at the time was doing very well with the trend micro business and so provided JUM with that financial stability and legitimacy.
 
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