JAT 0.60% 84.0¢ jatcorp limited

Is JAT creating a MONSTER, page-1252

  1. 125 Posts.
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    I was very bullish following the March quarterly but i didn't realise so much of our sales depended on Daigou travellers. ~50% of our revenue comes from Australia and that has been hit hard as evident in the last quarter. I don't expect travel to open up until at least FY22. I'm no longer as confident our cashflow will cover our debt and so we will be forced to issue shares and at this share price, lead to significant dilution. Its a sell for me but i think i'll be back when normal returns - management connections and high margin vertical supply chains are attractive long term.
 
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