Was stated that CFDA lodgement should be made in May/June but in a previous announcement JAT also stated that there is significant risk in that CFDA approval may not even be obtained.
Since then they’ve just made a bunch of questionable acquisitions of businesses without websites/contact details with registered addresses in residential apartment blocks in areas such as western Sydney.
There also seems to be an ignore share holders policy - people have tried to contact JAT on numerous occasions without any luck whatsoever.
The incomprehensible capital raising terms have also influenced a massive sell off.
An interesting read: https://www.copyright link/markets/...ts-the-rush-of-china-listings-20180413-h0yq3j
SMRA update, page-51
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74.5¢ |
Change
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Mkt cap ! $62.03M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1107 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 1870 | 2 |
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