Boxes won't get ticked overnight - just read some reports re international travel - the so called normal won't happen anytime soon - but eventually it should. Markets want to read about progress and usually that entails numbers both for the Q just passed and some forward looking statements.
One post a while back was looking at a valuation for JAT above 30c - it's currently trading at a tenth of that - the post wasn't seen by many as a pump but rather a possible scenario - in markets anything is possible even a so called Disallowed - so, 5c is somewhat more achievable and yet seen as a pump???
Having said that, I never like predicting SP levels, (though the thought of making good money gives one a rewarding feeling), as there are never certainties - except for the fact that values tend to fluctuate pretty much daily - up or down or else steady. One hopes to see SP improvement but hope is not necessarily reality but give it time, there's a very good chance that JAT will perform well and down the track 5c may just be seen as very cheap.
JAT Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held
