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.
(20min delay)