Ann: SPP Results, page-41

You are pointing out the obvious. many companies are impacted by covid pandemic for the last 2 yrs and are making a loss. I know many have closed down but Jat is going strong.

Prior to covid Jat was cashflow positive for 3 straight qtrs and provided revenues forecast of $16M for the next qtr but covid hit, there was restrictions and the lost of Daigous etc.

A great result this qtr should see Jat rerated btwn 4c-5c in my opinion. It’s very achievable depending on how insignificant is the increased in revenues.

But you and most traders would already exit at 2.2c.

I’m confident revenues will exceed expectations because reversal already started last qtr of $9.6M and was without covid sales strategies commencing in December and tourists, students are back, ie the Daigous which was the main revenues channel prior covid.

Many traders predicting Jat will be 1.7c if they can’t raise the $5M loan. They are all wrong! It’s a nice green day for Jat finishing at 2c.

The only wall I see is 11M at 2.7c. Otherwise no resistance on how high sp will move up on a great qtr.