Not saying this is not bad news and yes we may have poor management.
But I can sit all day long here mentioning stocks on asx in which they raised hell millions of millions, have poor management, silly decisions, and much much more, and those stocks are now 1B+ market cap.
JAT could go to 0.001, but also it could go to $1, nobody knows. What I'm trying to say here that the market has its formula in how to rate a stock. We all agree JAT has done good and bad things.
In the long term, I bet no one would know where JAT's SP would be.
As an example, have a look at AVZ, the most hated stock I've ever seen. Regardless of having miserable management, ~3B SOI, but because they have the assets, the market have seen it different way. I watched it goes all the way from 4c to now $1+ a share. Because I listened to the haters at that time, I've invested $0 in that stock.
Again, not saying JAT is anyway near to AVZ, but please at least take my advice and know where you put your ears.
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Last
68.0¢ |
Change
-0.020(2.86%) |
Mkt cap ! $56.20M |
Open | High | Low | Value | Volume |
68.0¢ | 68.0¢ | 65.5¢ | $13.62K | 20.16K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6534 | 68.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
69.5¢ | 2608 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 6534 | 0.680 |
1 | 9187 | 0.675 |
1 | 20000 | 0.655 |
1 | 3846 | 0.650 |
1 | 17500 | 0.645 |
Price($) | Vol. | No. |
---|---|---|
0.695 | 2608 | 1 |
0.700 | 5000 | 1 |
0.725 | 16667 | 1 |
0.750 | 134409 | 2 |
0.760 | 58122 | 2 |
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