I feel very confident in my LT investment in Jat after going through the news again tonight and have more time to digest the details.
Summary.
- a minimum order of $80M for the first year,
- Jat are confident they could fill orders exceeding $80M per yr subject to funding to expand capacity.
- should jat meet it's Distribution Agreement of $80M in the first yr. it is likely to achieve sales in subsequent yrs significantly greater than $80M
- No minimum order in yr 2 & 3
All this with MC $55M after sp rise today. I won't sell until we hit atleast MC is $500M. Bub MC is currently $530M with no profits and less revenues than Jat.
Remember this only 1 contract of many recently announced. All management have to do is keep signing contracts and deliver, sp will eventually adjust accordingly. DYOR
I feel very confident in my LT investment in Jat after going...
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Last
62.3¢ |
Change
-0.038(5.68%) |
Mkt cap ! $51.83M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 66.0¢ | 60.0¢ | $49.53K | 78.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.0¢ | 1834 | 1 |
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| Last trade - 14.52pm 28/08/2024 (20 minute delay) ? |
| JAT (ASX) Chart |