Ann: FY2019 outlook, page-10

I just read through Mike's comments in the Annual report.
The main focus is of course to keep the current business on its growth path, but the big unknown is the additional potential when Jumbo is offering its services and technology to overseas lottery operators.

The technology that Jumbo has developed appears to be world class. I would not be surprised if we hear from Mike something in regards to deals with overseas lottery providers who aren't currently selling through internet or phones or who use sub standard software.

Any such deals can be tailored in such a way that they will be risk free for Jumbo and enormously profitable.

With $40 Million in cash Jumbo has the flexibility to take advantage of any high margin/ profit opportunity that arises over coming months/years.

This additional potential is currently not yet reflected in the share price.

If we get an announcement in regards to deals with overseas lottery providers I wouldn't be surprised when the share price will go substantially higher.

Let's wait and see if the above assessment will eventuate.

K