Unfortunately for long suffering holders this stock seems be...

Unfortunately for long suffering holders this stock seems be getting dumped now in anticipation of the upcoming capital raising. The lower the VWAP in coming weeks the lower the placement price… unlikely to be lower than 1 cent but that’s still a further 23% drop from here. I really feel for everyone, I honestly have no idea why they are deliberately advertising the raise details in advance like this… very unusual. My theory is that there may be something dodgy going on with Everblu?! It’s trading like they have an agreement to screw the price down IMO. The participants in the last 1.9c raise clearly lost big so maybe they are pushing it down now to make it back on the next one?! There’s $8 million in the bank so why didn’t they just pay the $5 million loan off months ago?! Unless the cash burn this quarter and next is going to spike dramatically I just have no idea what JAT management are thinking here. The share price continues to underperform peers which is just so unfair and the dilution from capital raisings is 100% to blame. I think JAT can still turn around next year but in the short term expect a trading halt shortly after the AGM dodgy resolution approvals which clearly aren’t in shareholders best interests IMO.