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70.0¢ jatcorp limited

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01/01/18

19:30

Post #: 29969321
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Originally posted by rolf2903 ↑

prior to the acquisition the company said it expected cfda approval within 2 months for the cobbity label. They wouldn’t be saying that if they didn’t have some pretty strong evidence that they were a significant way through that rigorous testing process. So I’m not sure i agree that the acquiring is the ticket. I reckon the acquisition is about an infant brand that has clearly penetrated the market but hasn’t touched the surface of what is possible. With a better distribution channel set up (specialists) and more funds to drive growth it could see huge growth. Add or that the fact that it will probably be likely that it will get the CFDA license (as in sure they wouldn’t have acquired it unless they felt it highly likely)... and the deal makes a lot of sense. But I’m not sure it’s fair to imply they needed to acquire a business to grab the license. Seems to me they have been busy for 12 months getting ready for cobbity to be licensed in its own right. A new brand and an existing brand both targeting various channels is probably a pretty good strategy though.

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Check yst post. Then have a look through the licensing requirements. It will more than explain why the acquisition is a massive plus for CDFA in relation the cobbity.

JAT Price at posting: 7.0¢ Sentiment: Hold Disclosure: Held
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Last 70.0¢		Change 0.000(0.00%)		Mkt cap ! $58.28M

Open	High	Low	Value	Volume
71.0¢	71.0¢	70.0¢	$2.253K	3.199K

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No.	Vol.	Price($)
2	2000	68.0¢

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Price($)	Vol.	No.
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0.750	134409	2
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0.770	59818	2
0.780	30650	2

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