Good announcement (assuming we can fulfil any product orders).
I doubt this will re-rate the SP though. Based on what happened after the same type of announcement regarding Golden Koala on 11 April, there might be a little jump followed by a massive slide. Be careful.
A re-rate will only occur when there is evidence of ongoing orders which are able to be fulfilled by JAT. Sadly, JAT management have not been honest (re NCA) and there is now more skepticism surrounding this stock than there should be.
I still believe in the business model and there is indeed ample opportunity to sell into the Chinese market but we have the wrong person steering this ship. Crimmins needs to go.
IMO!
Good announcement (assuming we can fulfil any product orders). I...
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Last
72.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $59.95M | |||
| Open | High | Low | Value | Volume |
| 72.5¢ | 72.5¢ | 72.0¢ | $18.60K | 25.81K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14640 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.5¢ | 12236 | 2 |
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| Last trade - 12.42pm 15/10/2024 (20 minute delay) ? |
| JAT (ASX) Chart |