JAT 4.17% 62.5¢ jatcorp limited

Not meaning to be combative but they made $20M and spent $21M....

  1. 283 Posts.
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    Not meaning to be combative but they made $20M and spent $21M. That's cutting a little close with $5M in the bank. They would be out in 5 quarters if you extrapolate the past to the future. A bigger buffer would make investors sleep better.

    If you look at last quarter, the manufacturing and operational cost was $20.36M and the sales was $20.59M. The sales just cover the cost of production and could not pay for all the salaries. That's worrying.
 
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