JAT 7.25% 74.0¢ jatcorp limited

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  1. 429 Posts.
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    I would disagree in part to this.

    Their announcement was "JAT does not expect to have negative operating cash flows for the time being", to which they have announced their first time operating with a profit of $929,000 for the quarter, albeit with a CR having occurred. Therefore they delivered on that statement.

    Otherwise they did announce they expected cash receipts of $20m and achieved $18m, in this regard yes it's a slight under-performance, but it's far from a "dodgy" result IMHO.

    That's nothing to poke a stick at compared to 12 months ago.
 
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