This is supposed to be a "growth" company and everywhere you look, they are suffering a fall in profits due to paying racing industry more, less gamblers wagering, less lotto powerball players, more IT investment costs. The Tab merger can't come fast enough !
It's crazy that both Tatts and TAB are having the same exact downward issues, though TAB is far better shape !
On the plus side, the ACCC should give the green light !
TTS Price at posting:
$4.02 Sentiment: Buy Disclosure: Held