My viewpoint based on the last two days of trading is that the selloff looks pretty much complete and that we have probably seen the low today of 5.3c.
I'm expecting a bit of positive strength from here as we approach the official half yearly numbers and what I believe to be good news in terms of acquistion/s, betting exchange licenses and GLO acquistion news and performance.
Forgot to mention in my last post that at the AGM I asked David Decampo how the TMS customer base was growing since the JUM takeover . He indicated JUM's online experience had increased growth in the TMS customer base to around 5000/month .
Also, with "casinoCity.com" an independent US-based online gaming review site, ranking "ozlotteries.com" as the number one most popular lottery web site - it seems pretty obvious they are obviously inroads on an a global scale.
Fellow investors in JUM may find this very interesting :
There are 2 other publicly listed online lottery companies in the world - Tipp24 in Germany and ChariotLottery in the UK
Roughly converting back to AUD, Tipp24 has a market cap of $400 mil and makes $10 mil pa.
Chariot Lottery, a recently listed UK company has a market cap of $50 mil and has not started.
This is interesting when you compare Jumbo with a market cap of $25 mil with around $1 mil pa.
Info on Tipp24
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Tipp24 has issued approx. 8,87 mln shares and a market capitalization of approx. 230 mln Euro (shareprice 26 Euro)
Report 01/01/05 - 30/09/05 (in English):
http://www.tipp24-ag.de/fileadmin/downloads/Quartalsbericht_e.pdf
http://www.berlinerboerse.de/stocks/fundamental.html?ID_OSI=6595120&debug
More financial informations: http://www.tipp24-ag.de/index.php?id=27
Chariot:
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http://www.chariotlottery.com/
http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=1155246&source=RNS
AIM Page:
http://www.londonstockexchange.com/en-gb/pricesnews/prices/system/detailedprices.htm?sym=GB00B0P0XQ12GBGBXAIM%20B0P0XQ1CRT
http://breakingnews.iol.ie/news/story.asp?j=64255488&p=64z5575z
Cheers,
Manassa
JUM
unknown
My viewpoint based on the last two days of trading is that the...
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