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 $40million - big jackpots mean big sales for Jumbo so should be a nice start to the year as well.
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Buyers (Bids)
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1 | 527 | 16.880 |
1 | 527 | 16.870 |
1 | 527 | 16.850 |
1 | 60 | 16.590 |
Price($) | Vol. | No. |
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17.020 | 527 | 1 |
17.040 | 527 | 1 |
17.050 | 527 | 1 |
17.070 | 527 | 1 |
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