Excellent to have a bricks & mortar stake in the ground & I comment Mr. Li for helping his little old JAT out.
However, before everyone hi-5's & celebrates, remember the Infant Formula isn't approved for sale yet, so this is in my mind a little premature.
I agree & acknowledge that JAT have other products outside IF, but don't kid yourself, the massive valuations & high PE's are only for the Infant Formula sales...
The SMRA needs to be submitted & approved STAT!
Then we pop the champaign corks, until then, I feel the SP will do its usual thing on Mkt sensitive Ann's which is Gap higher on open & drift lower throughout the day.
Ann: JAT to open retail store in China, page-16
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Last
76.0¢ |
Change
0.020(2.70%) |
Mkt cap ! $63.28M | |||
| Open | High | Low | Value | Volume |
| 74.0¢ | 76.0¢ | 73.0¢ | $139.0K | 186.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | 75.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 76.0¢ | 111132 | 3 |
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| Last trade - 15.59pm 12/07/2024 (20 minute delay) ? |
| JAT (ASX) Chart |