Most of it I would say. JAT's business update announcement 15th August 2018 showed the jump in gross profit from 83k to 406k from the partial consolidation of GF revenue taking the group revenue from 577k to 8.7 million. Accordingly you would take the gross profit differential to be attributed mostly to GF.
The announcement then went on to state that GF's expected revenue for December quarter to be around 16.1 million. Just connecting the dots, I would guess that it's mostly due to all of GF's accounts being included.
And I do agree with you that 6c seems bonkers for the SP.
Most of it I would say. JAT's business update announcement 15th...
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Last
74.0¢ |
Change
0.050(7.25%) |
Mkt cap ! $61.61M | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 74.0¢ | 70.0¢ | $290.0K | 398.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 44780 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.0¢ | 124551 | 3 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| JAT (ASX) Chart |