JIN 1.31% $13.52 jumbo interactive limited

Still an awful lot of cash on the balance sheet. They probably...

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  1. 151 Posts.
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    Still an awful lot of cash on the balance sheet. They probably had 20+ million in cash prior to Tatts chipping in 15 million. 15 cent special with 50 million shares on issue is $7.5million payed out. Maybe they still have 30+ million in cash sitting around if they've generated a bit in the last half year. $9million franking credit balance.
    Either this stock is going to get taken out by Tatts(once they sort out their merger) or it's going to become a cash machine for investors. Either way suits me fine.
    Oz Lotto jackpot currently sitting at $40million - big jackpots mean big sales for Jumbo so should be a nice start to the year as well.
 
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