The problem stems from the fact that people do not understand what GROWTH means. Lotteries are growing at an outstanding pace. Take the recent $80m powerball jackpot, I estimate that roughly 107 million standard game equivalents were sold by Thursday 9/7/20. Compare that to the 11/7/19 jackpot draw of $80m where ~73 million standard game equivalents were sold.
People here will think $10 is about fair value, some may think Jumbo is going to $15 or $20 at most.
Me? It's a $100 plus company in the making in the next few years. I'll be opening a new thread to show snippets of my research as to why!
Strap on fellas!
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Last
$15.99 |
Change
0.030(0.19%) |
Mkt cap ! $1.006B |
Open | High | Low | Value | Volume |
$16.00 | $16.08 | $15.93 | $317.1K | 19.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 213 | $15.99 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.02 | 232 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 60 | 16.030 |
7 | 659 | 16.020 |
4 | 888 | 16.010 |
5 | 454 | 16.000 |
4 | 1534 | 15.990 |
Price($) | Vol. | No. |
---|---|---|
16.040 | 169 | 10 |
16.050 | 918 | 5 |
16.060 | 318 | 5 |
16.070 | 1466 | 5 |
16.080 | 1615 | 5 |
Last trade - 12.52pm 22/07/2024 (20 minute delay) ? |
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JIN (ASX) Chart |