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!
The problem stems from the fact that people do not understand...
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Last
$12.52 |
Change
-0.460(3.54%) |
Mkt cap ! $785.6M | |||
| Open | High | Low | Value | Volume |
| $12.29 | $12.98 | $12.11 | $7.879M | 632.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $12.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.52 | 598 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| JIN (ASX) Chart |