I think this announcement is more about the upcoming AGM. As for a CR, Who knows.
Jatcorp is operationally profitable and does not worry about boosting SP before a CR in the history I have witnessed. In fact they could have gained more funding a year or two ago by boosting SP when the 6cent options were on the table and they did not bother. Something that annoyed me at the time.
Aust China trade relations are a worry. There are a lot of company's exposed to China on the ASX. IMO Jatcorp will be the last ones effected.
I think there are a lot of investors waiting to get on JAT at the right time. Who knows when that is but IMO it seems that it is still an unbeatable investment long term providing they keep on this path.
GLTAH DYOR
Ann: Investor presentation, page-17
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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 |
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| JAT (ASX) Chart |