Powerball jackpots to $60m which means that in 2H22 they had 20...

Powerball jackpots to $60m which means that in 2H22 they had 20 jackpots over $15m and in FY22 they had 43 jackpots over $15m but even more importantly, 15 jackpots over $50m.....that (jackpots over $50m) is even higher than FY2019.

They should easily match 1H22 revenues so top line growth of ~30% and PAT growth of ~20% (more spend on marketing and also their fee to tabcorp has increased).

Stride and StarVale should add another ~10% to the bottom line plus growth optionality, so the fall from $19 (well in fact the fall below $16) is rather surprising, but then again everything in the market has been belted....then again a 3% yield may not be enough in these inflationary times