Hey Waldo.
It is hard to have an idea of what JAT management are thinking, In relation to repayment of the $5mil loan.
In the last report, It was stated that there is significant expenditure incurred on increasing inventory levels
to meet increased demand. Both domestically and abroad.
A lot of the inroads JAT made in the last 18 months or so will commence in the December quarter.
So the only rationale I can come up with, Is they would rather have the $8.5mil in the bank
to have funds on hand to meet demand. Nothing worse than getting orders you can't fill due to lack of funds.
So maybe short -term pain in a higher interest loan is the lessor of two evils?
I remain confident in the future of JAT,
Appreciate your comments and continued interest in JAT!
Cheers, enjoy your day!
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Last
50.0¢ |
Change
0.008(1.52%) |
Mkt cap ! $41.63M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 51.5¢ | 50.0¢ | $78.72K | 156.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 82276 | 50.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 2050 | 2 |
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| Last trade - 15.50pm 18/11/2024 (20 minute delay) ? |
| JAT (ASX) Chart |