Correct me if I'm wrong but my understanding is an Australian business of this "size" has to have their annual accounts audited anyway. I'm not going to speculate on the accuracy.
Your comment regarding credibility is valid. There's certainly a lot of smoke around so there's every chance there's a fire.
My initial viewpoint remains unchanged though. The model JAT put forward needs someone connected and with deep pockets on the other side. At the moment that person is Mr Li, he also just kicked in another $100,000 at 10c.
This stock is risky, it's a speculative stock at the moment. I'm comfortable with my investment decision and if it doesn't pan out, well, then it's stop losses, tax deductions and lessons learned.
Ann: Response to ASX Query, page-77
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $41.63M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.0¢ | 50.0¢ | $8.995K | 17.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 81378 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 8086 | 1 |
View Market Depth
| Last trade - 10.26am 19/11/2024 (20 minute delay) ? |
| JAT (ASX) Chart |