JIN 0.12% $17.07 jumbo interactive limited

GrandcombinThe article suggests that Tatts is making inroads...

  1. 79 Posts.
    Grandcombin

    The article suggests that Tatts is making
    inroads into Jumbo's returns online.
    It would be a lot easier for Tatts to stop
    competing with Jumbo by choosing not to allow
    sales through Jumbo's website and keep all the
    online profits for themselves. All it would take
    is 30 days notice now that the agreement has expired.

    Fortunately Jumbo have the cash to absorb
    the losses they will accumulate overseas
    for the next 2-3 years as the profits
    made domestically could vanish into
    thin air if Tatts chooses to keep all the
    cake for themselves.

    Clearly a watertight new agreement with Tatts
    is needed to keep the domestic business safe and secure.



 
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