@ unzzy. Some months ago I was gearing up to get into JAT at 14c. However, it began to slide from around 17c and when the SP did reach my entry point, I hesitated because many things were happening e.g. adjustment of shareholdings, profit on sale to charity, the super cheap shares held by the management group which I then did mention something about their easy way to get rich!. As other events began to unfold e.g. acquisitions, fraud stories, CR etc. I started to doubt the magnanimous gesture of the management group. While the 'China factor' had always been fondly embraced as a bullish sign, I also felt that the management group may make use of that sentiment to offload their cheap shares i.e. milking the cash cow. In my estimate, I also toyed with the likelihood that if the SP receded by 1/2 cent per trading session, then in 10 sessions it would have lost 5 cents. Admittedly my proposed $5,000 investment @ 14c then would be worth about $3,500 today. With all the shenanigans going on at JAT, I have revised my entry point and while a poster did say that 2c is a good entry point, that is one third of my estimate. While I still have faith in the LT prospect of JAT I am also mindful that in the long-term we'll all be dead!
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@ unzzy. Some months ago I was gearing up to get into JAT at...
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Last
83.5¢ |
Change
0.015(1.83%) |
Mkt cap ! $69.52M |
Open | High | Low | Value | Volume |
82.0¢ | 85.0¢ | 81.0¢ | $190.6K | 231.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9380 | 81.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
83.5¢ | 13926 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9380 | 0.810 |
2 | 51595 | 0.800 |
1 | 25000 | 0.790 |
1 | 30000 | 0.785 |
1 | 1300 | 0.770 |
Price($) | Vol. | No. |
---|---|---|
0.835 | 13926 | 1 |
0.840 | 56887 | 4 |
0.845 | 58370 | 1 |
0.850 | 72471 | 5 |
0.855 | 45455 | 1 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
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JAT (ASX) Chart |