JAT 0.00% 60.5¢ jatcorp limited

Ann: JAT Products to be Sold on JD.COM Platform in China, page-191

  1. 5,627 Posts.
    lightbulb Created with Sketch. 665
    It is disgusting but all would be ok if management reported that Topwei Two Pty Ltd's $5m loan has now been repaid in full

    If not, JAT runs into insolvency, VA, and Topwei take control through a DOCA arrangement and your shares get transferred for $NIL consideration into Chinese hands

    https://hotcopper.com.au/data/attachments/3512/3512294-4c06b52e0f566eb928f6ed2f6f8dae2a.jpg

    I would not be seen dead holding come 3 Sept 2021, if management don't confirm Topwei's loan has been repaid in full!


 
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