The results show an NTA of $1,520,000
and shares of 370,071,110
This equates to an NTA of 4.1c per share.
JUM trading at 5.5c is only a 1.3x NTA multiple - reasonably cheap considering the growth profile.
They made a profit of $700k on the lotteries business. If they can shut down the other operations and focus on lotteries only, they should be able to get AT LEAST $1.5m profit. On a market cap of $20m this is only a 13.3x PE ratio. Looks good to me.
JUM
unknown
The results show an NTA of $1,520,000and shares of...
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