Well JATties here is the latest ripoff by JAT. I thought it would be Dr. Oppenheimers Nuclear Grassburgers, but it is even quicker than that.
The capital raising is at full market price. Even Westpac, who are convicted rip-offf merchants, had the decncy to offer thdeir shares at a discount to market value. JAT wants full price. So after it is all over the share price will probably be around four cents or less. So, JAT has its greasy fingers in our pockets again. Nice one JAT, good follow up to Golden Koala. Keep 'em guessing. Then they plan to consolidate the shares. Which is only putting lipstick on a pig.(You may tart it up, but it's still a PIG)
Has anyone noticed, that no one yet from the banks, has been convicted or charged? Same with JAT. Corporate crime is alive and well. Who said crime does not pay?
Sentiment keep a good hold on your walllet, and backs to the wall. IMHO of course.
Jeez....Marum.
Ann: Letters to Securityholders - Rights Issue, page-90
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