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JP Morgan, BofA trade Lottery Corp line
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The Lottery Corporation listed on the ASX in May 2022. Chris Pavlich
Street Talk spotted a sizeable trade of Lottery Corp stock on Wednesday morning with around 0.6 per cent of the company changing hands.
Multiple brokers were on hand, including the equity capital markets desks at Bank of America and JP Morgan who did a line of 16 million shares.
With the company’s shareholder register largely made up of large institutions and superannuation funds like AustralianSuper, State Street and BlackRock, it was understood to be an insto-to-insto trade.
Lottery Corp is due to report its full-year results on 23 August.
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