Ann: $5M Topwei Two Pty Ltd Loan Extension, page-10

It'll be 1.4c very soon...

You have to ask yourself- why would a company (who some delusional people on hotcopper think is successful), extend a loan by another 6 months at 20% p.a? Why would it want to pay an extra $500,000 in interest over the 6 month extension?

Is it because no one will lend it credit? Is it because they need to extend it in the hope that the company can reverse the huge loss in the recent report? Or maybe it's a combination of both?

One thing is for sure: I wouldn't touch it with a 10 foot barge pole... the trend is so negative that you'd have to be so delusional to want to take a punt on this company. There are way better companies you can take a chance on and JAT isn't one of them.