JAT 0.00% 68.0¢ jatcorp limited

Don't know why people are so worried if a CR was to go ahead.We...

  1. 3,850 Posts.
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    Don't know why people are so worried if a CR was to go ahead.

    We currently have 65M oppies to be converted @ 6C so if they don't get converted and they had to do a raise of around $6M to pay for Facility and Facility Porcessing Lines then we would still only have 1B shares on issue compared to 900M. Currently there is 840M on issue

    Pretty Good position if you ask me going forward and the current trading is all noise.

    My biggest fear was Audited accounts and that has been addressed.

    Plenty of upside irrespective when you only have a market cap of $45M.

    Quarterly will be very interesting no doubt

    Cheers

 
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