This will be a watershed moment for the Company.
Other IF companies have received a re rate once submission is lodged.
Lets not forget JAT connections in China, which IMO were strengthened with todays ann.
Lets also forget how important and HUGE CIIE will be for JAT.
So...SMRA submission 5 days away, and CIIE 5 months away.
This is about as lined up as ducks get for a stock like this.
JAT have delivered consistently, and I have no reason to think that will change in the next 5 days.
From announcement dated April 12th 2018:
"Note re regulatory approvals required
From 1 January 2018, any new shipments of infant formula to China required approval from CFDA or the new regulator, known as State Market Regulatory Administration (国家市场监督管理总), in addition to CNCA approval (see JAT announcement dated 26 March 2018). JAT, Golden Koala and Golden Koala’s Australian manufacturer, Nutritional Choice Australia Pty Ltd, expect to lodge the necessary approval applications in April or May 2018 to export infant formula to China. The approvals are required in order to sell Golden Koala on the JD Global platform."
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