Fair enough Dull
I mainly am a trader, as you can see from my posts, but I have a similar disposition with my investments.
I personally don't like Tatts as an investment, as I would be concerned that they are too dependent on government decisions, and are trading on a high multiple that doesn't seem to factor in any threat to future earnings at all. But you never know if one day a competitor will get desperate and make a supreme sacrifice to break in. Still I have not done research into how often incumbents get turfed out in the lotto industry, so there may be something I don't know.
Is there any tradeable dip into the contract renewal negotiations period usually?
Ann: Half year results presentation, page-8
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Last
68.5¢ |
Change
-0.010(1.44%) |
Mkt cap ! $1.564B | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 70.0¢ | 68.5¢ | $3.911M | 5.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18819 | 68.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.5¢ | 161594 | 6 |
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| TAH (ASX) Chart |