Probably just the unfortunate situation JAT are in with the suspension, slap on the wrist, business activity and type.
If they were able to keep plodding behind closed doors, I believe the SP would resonate with peers (or closer). Now, any Ann given to asx is under a microscope and potentially rejected. Where as others (WHA) can announce its Monday and get a positive sentiment.
Looking at WHA and BUBs- if we are able to secure CFDA approval closely behind WHA, the SP should fly. BUBs being left behind a little. After CFDA and following quarterlies, if we are scaled even remotely close to WHA, we should see a significant re rate. And based on our activity, it’s trending that way.
The biggest surprise would be, if GK have applied and at what date - to be one of the first to achieve CFDA, little ol JAT can step up and play with the big boys - I’m not saying they are as bigger player, but the opportunity will present and the only risk then, is being ready.
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Price($) | Vol. | No. |
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