We know that the Gambing industry, and therefore gambling related companies do well when financial hardship is felt.
As the coming out of lockdown begins, and the re-opening play occurs, government subsodies stop, and the free-rollers become more desperate for money. This is very good for JIN as lotto sales should increase. Additionally to this, those that are employed are in a fantastic candidate-driven market, in which job demand is increasing as it is becoming harder to find quality staff, on top of new companies popping up / expanding to Australia. This means that those with jobs, on average will have a larger disposable income and regular lottery purchasers should increase their purchase frequency and or size of the order.
JIN is looking great for a run on these results.
JIN Price at posting:
$16.63 Sentiment: Buy Disclosure: Held
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