There is no leak. What is so confusing to the shareholders here. Last week JAT was trading at artificially low prices due to manipulation and capping by institutions. Shareholders were aware of it, complained but no one batted an eye lid. Post the quarterly JAT announced a $32m sale, more than their market cap. Again the stock was capped and finished in the red for the day. Heavy manipulation to the downside is accepted as the norm. No one should be asking anyone to "pump" JAT. It doesn't need to be "pumped". Why are some companies like BUB and others worth 20 times more than JAT and that's accepted? The first day JAT attracts some investor interest and people act like it shouldn't be going up. I think the issue here is with the sellers and mentality of some who can't appreciate JAT is kicking goals.
You'll likely find the trading halt is going to be a price query from the ASX on the volume and price rise. There was no leak of news to any groups. If you read the summary JAT has 3 new revenues streams launching in February and a sleuth of other news. The only thing that surprises me is how long it took for the market to appreciate the JAT story.
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There is no leak. What is so confusing to the shareholders here....
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Last
32.5¢ |
Change
0.005(1.56%) |
Mkt cap ! $27.06M |
Open | High | Low | Value | Volume |
31.0¢ | 32.5¢ | 31.0¢ | $6.157K | 18.95K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9900 | 32.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
33.0¢ | 151515 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9900 | 0.325 |
2 | 57589 | 0.310 |
1 | 10000 | 0.300 |
1 | 13114 | 0.290 |
1 | 50000 | 0.285 |
Price($) | Vol. | No. |
---|---|---|
0.330 | 151515 | 1 |
0.335 | 9000 | 1 |
0.340 | 28002 | 2 |
0.350 | 164443 | 6 |
0.360 | 2500 | 1 |
Last trade - 14.56pm 03/05/2024 (20 minute delay) ? |
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Last
32.5¢ |
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Change
0.005 ( 0.00 %) |
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Open | High | Low | Volume | ||
32.5¢ | 32.5¢ | 32.5¢ | 1364 | ||
Last updated 12.01pm 03/05/2024 ? |
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JAT (ASX) Chart |