Reading its annual report and viewing its website, JIN is consistently able to increase its number of active lottery players each year (defined as having at least one transaction between 1 July and 30 June) so that gives me some confidence that even if margins decline from the deal with WA Lotteries, the company will keep growing.
The impetus from a similar deal in 2020-21 with a lottery operator in the USA would be hard to put negative spin on.
Ann: Term sheet signed with Lotterywest, page-51
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Last
$15.96 |
Change
-0.350(2.15%) |
Mkt cap ! $1.014B | |||
| Open | High | Low | Value | Volume |
| $16.35 | $16.46 | $15.96 | $2.299M | 142.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1469 | $15.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.10 | 479 | 1 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| JIN (ASX) Chart |