Ann: Change of Director's Interest Notice , page-13

This court case between tts and qld races I think is a bit of a cloud hanging over tts at the moment. Good business, sound moat, defensive and I'd back Robbie Cooke to do good things in the long term (I.e rebranding and improving online). Other online lotteries still a concern, but tts clearly dominant. Currently sitting on the sidelines waiting to pounce after court devision, unless any further weakness which represents obscene value, forcing my hand.