SC100,
They will do a deal similar to what they currently have with Tatts and the given that many if not most of the US states are pretty much broke at the moment the ozlotteries model is a very attractive proposition i.e. no big $ outlays from their state budgets to get up and running.
As mentioned, with the the size of the population over there even one deal with one of the 51 US states would double the size of the company and given that JIN currently trades on a ridiculously low P/E of 3.5 I believe that a shareprice beyond $1.50 should not be out of the question after a deal is done !!
Manassa
wholesale investor presentation, page-7
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Last
$16.36 |
Change
0.190(1.18%) |
Mkt cap ! $1.030B | |||
| Open | High | Low | Value | Volume |
| $16.11 | $16.36 | $15.84 | $3.457M | 213.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 502 | $16.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.36 | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| JIN (ASX) Chart |