JAT 0.00% 80.0¢ jatcorp limited

Jat 2.0 - 2021 - A New Year, page-525

  1. 3,323 Posts.
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    I think the $5mil 20% unsecured loan was only supposed to be short term one like a bankcard. Covid slowed net profitability so this extended for ANMA upgrades etc was the result. The other $5mil is partially secured at 13% and can be converted to shares. Jatcorp are working on paying back/refinancing these anyway and we would all like to see this.

    Some who thought they were going to benefit from a slump in SP may be disappointed. Buyer strength does not seem to be diminishing.

    GLTAH DYOR
    Last edited by CaptainSteve: 15/04/21
 
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