JAT 0.00% 72.0¢ jatcorp limited

Ann: JAT at Shanghai Children's Products Expo, page-27

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  1. 158 Posts.
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    Can anyone explain the sudden surge in trading and SP increase the last two days? This makes ZERO sense to me. The whole time I was holding this stock, on every good and price sensitive announcement the SP sank and sank and sank. Eventually I sold at a loss to protect what remained of my investment, when the NCA issue was announced. Nothing has changed, and there is still a big unpredictable cloud over the future of NCA and the impact it may have on GK's future, but the SP is suddenly now heading back towards 10c. Today's announcement is not price-sensitive, and seems to be of little importance...JAT is just one exhibitor out of 3,000 at this maternity expo, and for some reason the market has lapped up this announcement when others much more positive over the last few months were ignored or somehow dropped the SP.

    We're heading towards a GM next week that will include a capital raise at 10c.

    So what is behind this sudden turnaround? There seems nothing that I can pinpoint to explain this.
 
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