Hey GR still in recovery mode so don't expect replies. Not sure if u have read results from skillz IPO. Day one of listing SKLZ started at $3.5b by the end of the day it was $7.4b. Telstra ventures holdings is $222m or 3%. Not sure if that is USD i believe it is.i believe that is a ten fold increase on tls's origin USD ? $25m investment I also believe telstra has no control over investments by telstra ventures The reason for the smile is telstra may have issues with owning a gambling business ?. I expect skillz to keep expanding into other sectors including banking. At some stage i believe skillz will make the decision to roll out its platform in Australia probably including banking but my guess is tls will only provide the connectivity.
TLS Price at posting:
$3.01 Sentiment: Sell Disclosure: Not Held
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The reason for the smile is telstra may have issues with owning a gambling business ?.
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