Aye I agree with what you're saying and I concur about the "it's not all doomed" philosophy.
There are just, in my opinion, a number of missteps. We can probably all agree, whether we like it or not, that companies need funding at some point to achieve their goals. The particular methods of financing chosen were arguably not the wisest choice in the first place. A few punters, notably SMX if I recall correctly, have pointed to this $5m needing to be repaid and it looming on the horizon. I would be genuinely surprised if this was not their intended method to repay it all along. And hey, let's throw some more shares at BC etc while we're doing this.
And we also need to look at the performance objectives the board sets for themselves, without going back to dig them up, I recall the targets to be all based on achieving sales, expanding ANMA etc, but nothing related to profitability or SP growth etc.
The story of JAT still reads with some promise, and you know I typically concur with the majority of your sentiments. But I am also increasingly jaded at the company's near-disregard for shareholder value.
- Forums
- ASX - By Stock
- Ann: General Meeting Letter to Shareholders
Aye I agree with what you're saying and I concur about the "it's...
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add JAT (ASX) to my watchlist
|
|||||
Last
66.0¢ |
Change
0.070(11.9%) |
Mkt cap ! $54.95M |
Open | High | Low | Value | Volume |
60.0¢ | 66.0¢ | 59.5¢ | $116K | 183.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 63.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
66.0¢ | 65879 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 0.630 |
1 | 1500 | 0.625 |
1 | 10000 | 0.615 |
1 | 12000 | 0.605 |
2 | 16000 | 0.590 |
Price($) | Vol. | No. |
---|---|---|
0.660 | 65879 | 1 |
0.665 | 12609 | 4 |
0.670 | 30000 | 1 |
0.680 | 13667 | 1 |
0.685 | 1999 | 2 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
JAT (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online