Importance of JAT’s Chinese business network, page-88

Both acquisitions were 30th June 2019 -

Green Forest was max $2.8M EBIT - $2.35M cash and shares 70% VWA

Sunnya was $2.4M EBIT - $600K Cash and shares $800K 70% VWA

Given Consolidated accounts showed a Gross Profit of $1.7M and a loss overall of around $600K one would imagine the 2nd half would have to be heavily weighted to the plus side (2nd half) to achieve even close to these numbers as Corporate costs was only $1.3M for the year FY18.

And if they do then watch this stock fly even factoring further dilution as Options would be way in the money.

Cheers