JAT 2.05% 74.5¢ jatcorp limited

Ann: Proposed issue of securities - JAT, page-18

  1. 3,323 Posts.
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    Bit of a vicious unproven statement. Where are the CN's or Sophistos now for this new capital raise. Jatcorp went a different way for a reason IMO.

    I said at the time of the notification of the extra funds needed for expansion that this part in the notification may be relevant after a broker was mentioned "and/or any other broker engaged by the Company to assist the Company in its capital raising activities."

    So here we are now with Jatcorp going a completely different way to raise funds without broker fees and without Everblu and Obsidian.

    I for one are very happy about this. 6 cent options are all that are left and I will be pleased if the SP exceeds 6 cents to enable them to cash these in. An 8 cent SP in the short to medium term would be good.

    GLTAH DYOR
 
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