Brad J, in my opinion, Jumbo would only sell their client base if Tatts closed the door on JIN selling Lottery tickets in Oz, which they could do end of 2017. A UK sports betting mob offered a 'pie in the sky' figure a while back. Accepting this really would irritate the Tatts group.
Jumbos Aussie business is a real cash cow, they will be doing all they can to keep this going and extend the contracts.
Plenty of people watching this stock. Someone slowly accumulating @ $1.40
with nothing concrete, and plenty of risk, the shrewd analyst is sitting on the sidelines ready to pounce. Who cares if you miss the first bounce?
Watch for a contract win in the US. Could see a significant re-rating of the stock.
JIN Price at posting:
$1.40 Sentiment: LT Buy Disclosure: Held
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