I sold recently on another risk to the business with the UK banning credit card funding of gambling accounts, with Australia looking to follow suit...
https://inkedin.com/bookmakers-warn-credit-card-ban-detrimental-to-aus-gambling-industry/7790/
These are the 2 current major markets for Jumbo and will potentially take away a major source of funding for the inline only business model.
Still like the current business, but I am not sold on the ramp up required of the Powered By Jumbo service to reach their $1Billion TTV in the stated time frame.
I sold recently on another risk to the business with the UK...
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Last
$12.52 |
Change
-0.460(3.54%) |
Mkt cap ! $785.6M | |||
| Open | High | Low | Value | Volume |
| $12.29 | $12.98 | $12.11 | $7.879M | 632.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $12.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.52 | 598 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| JIN (ASX) Chart |