JAT 0.83% 60.0¢ jatcorp limited

Ann: Half Yearly Report and Accounts, page-96

  1. 7 Posts.
    I can't believe how people can still stay positive after this report.. significant revenue drop and replacing old cheap debt with new expensive debt. This company is basically insolvent if you read between the lines, I don't see how there is any way of the company getting out of this mess. Voluntary administration or significant dilution down to 1c is the only two ways left for this terrible terrible company.

    To the rampers, how do you propose they pay down 15m debt in the next 12 months?
 
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