Down 8% yesterday and looks like 12% on opening. Total 20% down on update. It’s 100% knee jerk reaction.
It will bounce straight back up after all the traders and disgruntled holders sell out this morning imo.
Bub with a similar result will open 5% up as we expected. Bub is seen as a growth company so it’s all about future growth so profits will come but Jat needs to prove profits first before anyone believe in their growth story imo.
Jat MC will be 24-25M and Bub MC is 260M. Who is undervalued and who is overvalued is pretty obvious to me imo.
Ann: Appendix 4C - quarterly, page-88
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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 |
View Market Depth
| Last trade - 15.03pm 04/10/2024 (20 minute delay) ? |
| JAT (ASX) Chart |