JAT 1.43% 71.0¢ jatcorp limited

Ann: ANMA signs 3 Year Dairy Purchaser Agreement, page-34

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  1. 8,618 Posts.
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    JAT is at 1.5c - a small lift on what appears to be a good announcement. Wasn't long ago that some were predicting a rise from 3c to around 5c - then it all fell back to as low as 1.2c recently.

    Now on one announcement there is some wild predictions anywhere from 5c to a whopping $2. Of course as holders we want and want more - whether or not we'll get it and at what level is still yet to be seen. Agree that based on the announcement, revenues should finally improve substantially and if the shop shows good promise and becomes successful, more will follow which will in time add substantial revenue.

    Just need more production and sales contracts from ANMA. Any step in the right direction is a good step - need a few more steps and no falls.

    At this stage a target price of 5c would be welcome - but of course I'd be happy to take 10 times that - who wouldn't.
 
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