JAT 7.58% 71.0¢ jatcorp limited

A bit hard to quantify at the moment, Would prefer to wait till...

  1. 1,977 Posts.
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    A bit hard to quantify at the moment, Would prefer to wait till our next qrtly.

    Bubs qrtly approx 3x jump on last qrtly.

    So if we were to compare, We would be looking at approx $28m for Jat,

    The above is loose estimate! Too many variables!

    For me, The most interesting thing, is we are now debt free, no con note and no 20% loan
    repayments on a $5mil loan. Final payment ANMA has been paid.

    Two aggresive top 20 holders vying for control of the company. That have entered from around 1.2 cents
    and are buying at present around 1.8 cents. So looking at the percentage they each own, They know this is dirt cheap.

    Zhang ( Gold brick ) has a seat on the board, and therefore has a good idea on the numbers for the upcoming qtrly.

    I believe both suitors, if they were successful in taking control, Would be happy once all the dust settled had an average
    of around 5cents. ( A bargain )

    Which would imply to me, for either to move to 100% control, For those of us that hang out for the mop up offer.
    we should be looking at around 7.5c

    In relation to Bubs mkt cap compared to Jats? Bubs is a household name! Jat is not. under the radar, Hence, we have
    a battle for control.


    All the above is imo.

    Have a great weekend!!

    Last edited by opinionator: 21/07/22
 
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