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.
We know that the Gambing industry, and therefore gambling...
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Last
$17.47 |
Change
-0.180(1.02%) |
Mkt cap ! $1.099B | |||
| Open | High | Low | Value | Volume |
| $17.63 | $17.63 | $17.38 | $264.2K | 15.13K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 64 | $17.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.47 | 327 | 5 |
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| Last trade - 10.52am 26/06/2024 (20 minute delay) ? |
| JIN (ASX) Chart |