Ann: Appendix 4C - quarterly, page-105

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CaptainSteve

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02/02/21

11:04

Post #: 50633143
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Originally posted by Cheeky-Charm ↑

`100%

IMO this shows somewhat of a lack of understanding towards share structure, or supply and demand. @Steadygrowth what you have said is correct, market caps will be valued the same on a 10 to 1 consolidation split BUT the major difference is there's not going to be a constant spell of supply hitting the bids. Bids mean Buyers.....Just incase you didn't know

Unless that is you much prefer 1.2B shares on issue, as opposed to the SAME valuation stock, but offering say 120M shares. 9/10 people would pick the latter.
Count me in for a share split consolidation and that will certainly attract some traders. Right now all I see is a bunch of bargain hunters & value investors. No swing traders, no momentum traders. Still watching this. If it managed to close at 2.1c I would have been really tempted to take some but then they sold it down on very little volume. Enough for me to at least just keep on watching.

Today's depth shows what is good IMO

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I think there are possibly hundreds of watchers. I think it is fairly well known now that Jatcorp will eventually have a run up like no other. I could be "Delusional" though. I was starting to think so when I insinuated a possible 700 Jatcorp Mothers and baby stores in Jatcorps future. Dreaming is not illegal though.

GLTAH DYOR

JAT Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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