JAT 7.19% 82.0¢ jatcorp limited

Nice pick up on the 5c, but I think quite a bit needs to change...

  1. 429 Posts.
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    Nice pick up on the 5c, but I think quite a bit needs to change before we're in a FOMO scenario. I hope I'm wrong, however....

    The real FOMO occurred after the initial change in business direction late 2017, protracted pause in trading and the reinstatement early 2018 which saw the jump from 4c odd pre-halt onward and upward to the 25c odd. All of this was on fluff and hype.

    In the time since we've had some really positive changes to the company, along with more than enough howlers that have dented the perception in the company. Let's call a spade a spade, the >1000% increase in revenue did little to shake up the SP. If ever FOMO was going to kick back in it was then.

    The only thing to me that is going to get the MC aligned to where it "should" be based on the fundamentals is sustained, profitable trading. Unless they pull out a ripper deal or seven in the meantime.

 
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