in managerial economics this would be considered a win-win and TAB/JIN are both taking a slice of a bigger economic pie.
I'm happy with the deal and this cements JINs future for the next decade - definitely GOOD news.
Reading through the speculation on the board over the last few weeks the BATNA (best alternative to negotiated arrangement) could have been much worse for both parties.
For me it was also reassuring to see reaffirmed FY20 guidance and the transition to online play due to COVID confirmed by management.
Lets get back to those pre-covid levels JIN
Ann: Tabcorp 10 year agreement, page-9
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Last
$13.43 |
Change
0.010(0.07%) |
Mkt cap ! $842.7M | |||
| Open | High | Low | Value | Volume |
| $13.42 | $13.53 | $13.36 | $1.118M | 83.24K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $13.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.49 | 446 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| JIN (ASX) Chart |