I disagree. If the capper has their way this could go 5c and under even long term. Business growth means nothing if the share price doesn't match it. We will need more and more funding as the business expands. This means raising at 4c or 3c each time the share price goes lower. This is why it's crucial to get the share price up to a correct valuation to avoid dilution. I did being this up at AGM as management kept ignoring the issue and saying it's out of their control.
Ann: JAT secured 3 Year Dairy Products Distribution Agreement, page-226
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Last
68.5¢ |
Change
0.015(2.24%) |
Mkt cap ! $57.03M | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 69.0¢ | 66.5¢ | $51.94K | 76.90K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 64.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.5¢ | 17738 | 1 |
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| JAT (ASX) Chart |