Since last year, JAT had stated that margins will be tight till they start to manufacture
Hence the 3 stage approach - so far they have been on track
I do agree with @csfoo7211 that there are trade receivables that have not been mention in this quarterly
Look at Dec Q, there were $4.8million receivables not mention in Q (Refer to Half yearly report)
If you add up the trade receivables $4.8million with March revenue $8 million. That would leave $7.7 million generated from Jan and Feb - due to CNY celebrations, sales had been down and now they are picking up
Given the new products and distribution deals, this upcoming Q will be significant in terms of revenue
In regards to the options, unclear if they expire in June 2019 or Nov 2019. Adds further cash to the kitty.
These are great buying price...
Since last year, JAT had stated that margins will be tight till...
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Last
45.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $37.46M | |||
| Open | High | Low | Value | Volume |
| 45.0¢ | 45.0¢ | 45.0¢ | $4.425K | 9.833K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21502 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 33334 | 1 |
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| Last trade - 15.40pm 12/11/2024 (20 minute delay) ? |
| JAT (ASX) Chart |