JAT 3.13% 33.0¢ jatcorp limited

I like you conservative approach. Too many posters on other HC...

  1. 3,323 Posts.
    lightbulb Created with Sketch. 1270
    I like you conservative approach.

    Too many posters on other HC forums make ridiculous statements on where SP's should be. However I believe Jatcorp SP has been beaten down on SP for a year or more through various VWAP periods. The latest being the notes conversions and bulk selling of shares by them and some of the $2.8 mil placement shares.

    Surely a rebound now that this has stopped and an SP back to 5 cents or more is very probable. This is where it was prior to the conversions.

    As for the next 4c cash flow, as long as the sales receipts are growing it shows the positive direction that is anticipated from recent announcements. As for loans, I think a lot of company's would like Jatcorps problems. Finding enough cash to produce more product for high profit margin, fast growing sales volumes.

    I consider myself conservative as well but we seem to have enough information to anticipate where Jatcorp is heading business wise. SP's seem to be priced by the market not only on actual s but anticipated growth and profitability.

    GLTAH DYOR
 
watchlist Created with Sketch. Add JAT (ASX) to my watchlist
(20min delay)
Last
33.0¢
Change
0.010(3.13%)
Mkt cap ! $27.47M
Open High Low Value Volume
32.0¢ 33.0¢ 32.0¢ $21.11K 64.07K

Buyers (Bids)

No. Vol. Price($)
1 10269 33.0¢
 

Sellers (Offers)

Price($) Vol. No.
34.0¢ 55680 2
View Market Depth
Last trade - 15.52pm 30/04/2024 (20 minute delay) ?
Last
33.0¢
  Change
0.010 ( 0.00 %)
Open High Low Volume
33.0¢ 33.0¢ 33.0¢ 1550
Last updated 13.41pm 30/04/2024 ?
JAT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.