I'm disappointed by the market reaction, but actually this seems like a good move to me.
From my understanding, they are using this to fasttrack the expansion plans for ANMA which would increase our revenue potential. More products equals more revenue.
Hopefully, once they have their strategy firmly embedded they would ideally look to consolidate the shares to a mid-volatility range. 1:10 perhaps.
Essentially, from what I recall they are ~$2mil a month in profit which means they could have waited 2-3 months to make the $5mil. Correct me if I'm wrong.
- Forums
- ASX - By Stock
- JAT
- Ann: New funding for capital expenditure and working capital
Ann: New funding for capital expenditure and working capital, page-21
-
-
- There are more pages in this discussion • 74 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add JAT (ASX) to my watchlist
|
|||||
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($) | Vol. | No. |
---|---|---|
66.0¢ | 65879 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 0.630 |
1 | 1500 | 0.625 |
1 | 10000 | 0.615 |
1 | 12000 | 0.605 |
2 | 16000 | 0.590 |
Price($) | Vol. | No. |
---|---|---|
0.660 | 65879 | 1 |
0.665 | 12609 | 4 |
0.670 | 30000 | 1 |
0.680 | 13667 | 1 |
0.685 | 1999 | 2 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
JAT (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online