So the capping has been going on for months now.
I previously held JAT for over a year on the downward spiral from 20c and took a big loss.
It would be interesting to know if the cappers were big Chinese investors or acting on behalf of big Chinese investors......
The volume of announcements from JAT is impressive, however they lack the rigour to establish confidence within the Australian share market. Announcing 80million deal for any other company involved with infant formula would of sent the SP over 50c (given a few weeks).
But JAT is being questioned by the market as to whether it is an empty deal........
Hope the quarterly has the numbers, to push this back to 20c
GLTAH as always DYOR
Ann: JAT secured 3 Year Dairy Products Distribution Agreement, page-157
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Last
49.0¢ |
Change
-0.025(4.85%) |
Mkt cap ! $40.80M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.0¢ | 49.0¢ | $15.47K | 31.03K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1666 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 39565 | 1 |
View Market Depth
| Last trade - 15.47pm 08/11/2024 (20 minute delay) ? |
| JAT (ASX) Chart |