JAT 5.77% 73.5¢ jatcorp limited

Ann: Share Purchase Plan, page-15

  1. 1,574 Posts.
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    It all depends what the CR is for. This one is definitely good.

    I love this part of the update.
    ——-
    By reducing debt, JAT’s interest costs will be significantly reduced and more funds will be available to meet the expected increases in inventory required to meet production requirements for initiatives including Oceania (see ASX announcement dated 3 November 2021) and CocoSoul/Saputo (see ASX announcement dated 27 January 2021).
    ——

    Sales in Oceana binding contract and CocoSoul and Suputo contract must be going through the roof since November and January.

    I also suspect we will get a follow up update shortly. An upgraded contract with one of these companies is very likely just saying recently had an upgrade with volumes order for Oceana.
 
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