I find it fascinating that people buy or sell so quickly without fully understanding the announcements. Directors only sold shares to comply with ASX orders. The shares are worth more than 30 cents, why would you sell for 22c? It's like someone offering you $2 million for your $3 million house, you wouldn't sell it, would you?
Nonetheless, a little price consolidation is healthy. Currently the market capital including GK =522 million shares * $0.215/share=$122 million. Remember in the past half year, Jat+GK's revenue is over $2 million+$1 million=$3 million, that's at least $6 million annually, even during the Daigou shock Jat had in the past half year, its revenue is still much higher than Bub ($3 million) or Wha, with less than half of their market cap. So underpriced.
After getting so much exposure in media, China international export expo, contracts with Jbingo, upcoming contracts with Netease (already got official offer from them), possibly JD, Alibaba, etc, it's highly unlikely the revenue won't boost over $10 million next financial year. So underpriced.
The goals and plans haven't changed: catching Bub/Wha's market capital, 50c before the end of 2018, JAT is taking big steps forward, we have announcements every week, actions are taken as the plans, where else do we get such good management? So underpriced
To me, it's like buying rib eye steaks for $8/kilo, I'm buying as much as I can, I don't mind getting a bit extra fat (rich). lol
IMHO DYOR GLTA
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Last
32.5¢ |
Change
0.005(1.56%) |
Mkt cap ! $27.06M |
Open | High | Low | Value | Volume |
31.0¢ | 32.5¢ | 31.0¢ | $6.157K | 18.95K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 9900 | 32.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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33.0¢ | 151515 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 9900 | 0.325 |
2 | 57589 | 0.310 |
1 | 10000 | 0.300 |
1 | 13114 | 0.290 |
1 | 50000 | 0.285 |
Price($) | Vol. | No. |
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0.330 | 151515 | 1 |
0.335 | 9000 | 1 |
0.340 | 28002 | 2 |
0.350 | 164443 | 6 |
0.360 | 2500 | 1 |
Last trade - 14.56pm 03/05/2024 (20 minute delay) ? |
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Last
32.5¢ |
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Change
0.005 ( 0.00 %) |
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Open | High | Low | Volume | ||
32.5¢ | 32.5¢ | 32.5¢ | 1364 | ||
Last updated 12.01pm 03/05/2024 ? |
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