I agree on that they still losing money, but let's be honest here, most of the micro cap companies (<500m) their current market cap are based on speculation. Even some 1B stocks don't make any money and instead losing so much.
This is what makes people invest in the MicroCap market.
Now, yes JAT currently is not in a good position, and I am not sure what they will do to pay off this loan. But my question to you, why you still holding, could you please advise us of what do you expect from management in the next 6-12months !!
Thanks .
Ann: SPP Results, page-38
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Last
77.5¢ |
Change
0.005(0.65%) |
Mkt cap ! $64.53M | |||
| Open | High | Low | Value | Volume |
| 77.0¢ | 77.5¢ | 75.0¢ | $14.30K | 18.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 727 | 77.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.0¢ | 24989 | 2 |
View Market Depth
| Last trade - 15.55pm 18/07/2024 (20 minute delay) ? |
| JAT (ASX) Chart |