That is exactly the way I read it in the announcement. They have no association with JAT that I know of apart from arranging $4 mill in funds to be drawn down for future capital expenditure and working capital.
"Neither Obsidian nor Everblu are current shareholders of JAT and neither are related parties of JAT or a related party of a director of JAT"
Both Obsidian and Everblu may both be callous business company's giving no quarter in business dealings but on the other hand they both would have looked at JAT's SP potential and want in.
Is there something I should know?
Sending some company's broke to get money owed doesn't count if that is what happened. Normal business practice in the real world.
GLTAH DYOR
Ann: First plant-based meats products delivered to Shanghai, page-70
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Last
75.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.44M | |||
| Open | High | Low | Value | Volume |
| 75.0¢ | 75.0¢ | 73.0¢ | $41.80K | 55.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19643 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.0¢ | 30000 | 1 |
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| Last trade - 15.03pm 04/10/2024 (20 minute delay) ? |
| JAT (ASX) Chart |