Welcome to JAT forum.
I posted this earlier when this question came up.
"Just to be clear the 2018 Jatenergy (name at the time) annual report had this.
"Principal activities
Following shareholder approval at a general meeting on 27th March 2018, JAT’s principal activity is now formally that of a China-Australia cross border specialist in fast moving consumer goods (FMCG).This activity encompasses:-the origination, development and manufacture of a range of consumer products-associated brand development, marketing and promotion-the sale of client and in-house products, primarily in Australia and China via a multichannel strategy including traditional (offline) retail and e-commerce platforms"
They closed down all the oil, coal related company's subsidiary's etc. and moved to a FMCG company.
They progressed from those days, Crimmins left, Wilton took over and are now the fastest growing FMCG that I know of. The name change to Jatcorp was part of this transition."
This is the information I have at the moment. IMO Jatcorp is now easier to value as an investment now that it is a FMCG company and making increasing operational profits.
GLTAH DYOR
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