Yes Alan, I like to see an Aussie company have a go & make a...

  1. 420 Posts.
    Yes Alan, I like to see an Aussie company have a go & make a quid.

    With eBet's takeover of Turbo Bonus, it'll be in profitability from now on. Apart from its own earnings, Turbo is a long established, profitable enterprise which EBT will be able to synergistically extract maximum efficiencies from in the gaming arena. But don't take my word on it - here's another excerpt from Huntleys who has given it a decided thumbs up:

    ".... Turbo has not earned less than $2m in EBIT in the last five years and last year on a turnover of just over $6m reported EBIT of $2.4m. There should be savings and synergies of around $0.5m which will make the deal strongly EPS positive......... the deal is very positive......"





 
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