JAT 1.83% 83.5¢ jatcorp limited

Ann: New funding for capital expenditure and working capital, page-21

  1. 962 Posts.
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    I'm disappointed by the market reaction, but actually this seems like a good move to me.

    From my understanding, they are using this to fasttrack the expansion plans for ANMA which would increase our revenue potential. More products equals more revenue.

    Hopefully, once they have their strategy firmly embedded they would ideally look to consolidate the shares to a mid-volatility range. 1:10 perhaps.

    Essentially, from what I recall they are ~$2mil a month in profit which means they could have waited 2-3 months to make the $5mil. Correct me if I'm wrong.
 
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