In March EBT advised they had 98 venues and 4857 machines in VIC
so the announcement today of 103 venues and 5300 machines is interesting, but hardly earth-shaterring
Of far more interest is the fact that EBT have acquired a 70% market share in VIC in 6 months, which is pretty amazing if I have interpreted the release correctly.
With Flexi-net tracking above expectations, and genuine growth in VIC, it is further evidence that EBT continues to well execute on their strategy, and are getting on with growing the company - even if this is not reflected in the share price.
ITQ Price at posting:
$3.60 Sentiment: Hold Disclosure: Held
