This is the disappointing fact. There is no prospective...

This is the disappointing fact. There is no prospective valuation on the current JAT SP. Its not lack of trust or failure to execute that is responsible for this IMO.

Its a hangover from an excessive amount of prospective valuation on the last huge unjustified hype in early 2018 when Jatcorp was a mere puppy in the FMCG space. They certainly did not deserve that hype then and it soured a lot of investors as the SP came down again. It leveled out to 5-6 cents and would have stayed there or even risen a bit except for the VWAP and selling large amounts of shares. Covid has had an influence by delaying the inevitable net profit expected that would have boosted the SP.

And here we are now with a lot of players thinking that 2.8-2.9 is the new base that will have an increase of a fall based on a cash flow report.

Even without built in hype or valuing JAT on a prospective basis JAT should be sitting on at least 8-10 cents waiting for an increase or fall on a cash flow report IMO.

A hype or prospective valuation would have the SP double that.

All this is just an opinion.

I also have opinions on some of the other players in the milk space that had prospective valuation that seem to be losing some of this. Its disappointing that some seem to be coming down toward Jatcorp MC and that Jatcorp is only just rising slowly toward them.

GLTAH DYOR