My take FWIW:
$20M loss includes $24M impairment - which is creative accounting or stating that JAT paid over the odds for something??
More significant though is the is the CASH FLOW - ($2.8M) - so bleeding $$$$
Worried that when viewing the ANMA website - under "News and Resources" nothing has been posted SINCE August 2015 - one would think JAT's purchase would be "NEWS" - wht is really happening at ANMA? Does anyone know?
Sunnya appointed Health One Pty Limited as its exclusive distributor for its products in Australia, Vietnam,Indonesia and Singapore. - The Chairman is Tony Crimmins, who has stripped how much cash out of JAT as a director, then stands down, then gets the distribution rights a couple of months later - sorry but this doesn't pass the pub test and is a concern to me IMHO.
Have been waiting for this report to decide to stay or go but have lost enough here to admit its is time to put my tail between my legs and invest elsewhere.
GLTAH
Before someone bangs on about my sentiment - have placed sell on my stock but it hasn't sold yet!
Ann: Annual Report to shareholders, page-12
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Last
62.5¢ |
Change
0.025(4.17%) |
Mkt cap ! $52.04M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 62.5¢ | 60.0¢ | $308.6K | 510.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40000 | 61.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 3000 | 1 |
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| Last trade - 12.58pm 05/07/2024 (20 minute delay) ? |
| JAT (ASX) Chart |