I have been reading around re the NSW lotteries that is coming up. If TTS was to snare it, does anyone have any idea on what it would do to earnings or share price. I notice that it would provide some great synergy cost savings, even if some wont fully materialise for a few years. How do you think we would pay for it? SPP and debt?
Interesting.
Also does any one have a view on what we might be likely to get out of the Vic government if (when) the poker machine licenses are stripped and redistributed? I have heard there is an agreement of 600m but I am not sure what the likelyhood of us getting that money is.
TTS Price at posting:
$2.38 Sentiment: LT Buy Disclosure: Held