The Lottery Corporation Limited

ASX:TLC

The Lottery Corporation Limited

ASX:TLC
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$4.86 (-0.8%)
Last close price
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Valuation of $4.80
stale
Mujo
Added 8 months ago

Using the simple Gordon growth - expecting $0.17 per share dividend in FY24 - grossed up that is $0.24.

Required rate of return of 10% as very defensive, sleep at night business. Ongoing growth of 5% per annum.

Value of $4.80 per share for a 10%pa return.

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