If JIN's technology forms the main interface for the mexican online lottery market then yes $6 or a 200m market cap is possible...
The question really is whether this actually can happen? I am sure Mexico is a 'competitive' market in that to operate a lot of value will need to be shared with local stakeholders.
But being on the ground floor will be great. Lotteries are a great way for governments to raise revenue and are very popular in South America. with JIN moving to focus on Latin America there is the chance for a lot of profit growth.
Sooner or later JIN is going to get taken over I think. Hopefully Later.
I've been in for a year now and am not free carried so I will probably not top up, but hopefully the growth story continues.
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$13.54 |
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Mkt cap ! $851.9M |
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No. | Vol. | Price($) |
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5 | 291 | 13.530 |
3 | 243 | 13.520 |
4 | 275 | 13.510 |
3 | 215 | 13.500 |
Price($) | Vol. | No. |
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13.580 | 49 | 1 |
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