We would all like to see Jatcorp convert the 10 mil debt to ether equity or a lower loan rate. The point shareholders also have to consider is that with all the money spent purchasing and doubling the capacity of ANMA this has made ANMA into double the potential income source.
As per the purchase announcement.
"ANMA is one of only 15 milk powder manufacturers in Australia approved by China’s Certification and Accreditation Administration (CNCA) for exporting infant formula into China under regulatory requirements administrated by China’s State Administration for Market Regulation (SAMR)."
This is a very valuable income earning asset. Jatcorp's can and are producing some of their own head company products there. They are producing for contracted other companys and can also move some Sunnya products there if there is capacity available. This will make it at full capacity most of the time and they have been at three shifts before to keep up with demand.
What is ANMA worth now. At a guess probably some where around $60-75 mil and Jatcorp has 65% of it.
A bit of debt is to be expected in this growing monster.
GLTAH DYOR
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