Net profit at this stage of a company's development is not a good thing. All profits should be plowed back into the business to lower tax and increase production and sales. Lactoferrin is not a JAT primary product at the moment. They need to purchase it. If they start producing it they can sell what they don't need. People complaining about 2% dilution because of the rewards for the great work management is doing is uncalled for IMO. Most shares on the asx go up and down 2% regularly. Complaining that the share price should be higher before management is rewarded is transitional. If they wait until the share price is 60c people would still complain if they had just bought at 62c the day before.
GLTAH DYOR
Net profit at this stage of a company's development is not a...
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Last
77.5¢ |
Change
0.025(3.33%) |
Mkt cap ! $64.53M | |||
| Open | High | Low | Value | Volume |
| 75.0¢ | 77.5¢ | 75.0¢ | $18.16K | 24.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 321 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.0¢ | 70000 | 2 |
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| JAT (ASX) Chart |