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4.08%

51.0¢ jatcorp limited

Ann: Receiver appointed by Golden Koala to NCA, page-61

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newbieinvestor

984 Posts.

63

13/06/19

12:24

Post #: 39038857
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Originally posted by Abs006: ↑

I am sure you were a fly on the wall during negotiations and know what JAT asked for.

How many companies do you know would be able to make the quantity of IF that JAT were after and get CNCA approval which is required for exporting to China? Maybe NCA had the upper hand in negotiations seeing JAT were pretty much a start up with no guarantees of sales and therefore no guarantee of payments. This payment guaranteed how serious they were. Hopefully the collateral JAT took will pay back the majority of the money or at least put them in a very good position to obtain the necessary property.

There is no written law as to how negotiations in this particular case take place. Had NCA met their obligations no doubt it would have been greatly beneficial to JAT.

Anyway you are going around in circles and seem to have no business acumen and it is 10 minutes of my life I won't get back.

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That's rich. Attack the person rather than the argument. Lol

Last edited by newbieinvestor: 13/06/19

JAT Price at posting: 5.3¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 51.0¢		Change 0.020(4.08%)		Mkt cap ! $42.46M

Open	High	Low	Value	Volume
49.5¢	51.0¢	49.0¢	$12.85K	25.77K

Buyers (Bids)

No.	Vol.	Price($)
1	96	51.5¢

Sellers (Offers)

Price($)	Vol.	No.
55.0¢	39565	1

View Market Depth

No.	Vol.	Price($)
1	96	0.515
1	3347	0.510
1	7	0.495
2	1113	0.490
1	1000	0.480

Price($)	Vol.	No.
0.550	39565	1
0.560	12073	3
0.590	20000	1
0.600	103269	1
0.650	200000	1

Last trade - 13.43pm 06/11/2024 (20 minute delay)

JAT (ASX) Chart