If this was the DOW, 20% is pretty much a market meltdown. For JAT it's also a huge drop in a couple of days and kneejerk reaction or not, investor confidence has been knocked a blow. JAT management need to make announcements as they happen good and bad - more transparency and duty of disclosure obligations. By not having manufacturing for a period of time and knowing the impact of Chinese holidays/festivals and even delays in store opening all have material impacts and as such are market sensitive and should have been announced. Leaving elements of bad news to be in a Q report that's released just prior to market close is a sign of trouble - hence more than just a kneejerk or otherwise reaction.
As a bye is JAT paying rent for the yet to open shop - wasting money???
If this was the DOW, 20% is pretty much a market meltdown. For...
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Last
75.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.44M | |||
| Open | High | Low | Value | Volume |
| 75.0¢ | 75.0¢ | 73.0¢ | $41.80K | 55.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19643 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.0¢ | 30000 | 1 |
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| Last trade - 15.03pm 04/10/2024 (20 minute delay) ? |
| JAT (ASX) Chart |