Hi Simom, this is our position.We hold only 3M units in our Aus...

Hi Simom, this is our position.

We hold only 3M units in our Aus fund. And 1M in a NZ fund.
We also voted against the issue of $600k performance shares.

IMO The current share price is not at all reflective of whats happening with regards to the forward momentum of the business, and let's be realistic the volumes traded are laughable so to base the value on them well its - just insignificant.

Valuation on the current daily play is askew and my guess is that the management crew aren't really concerned with the 6.0 cent share price, the bigger picture is fully on their ability to outperform their competition. Only then the price will readjust.

To us its just a few reactionary traders and frustrated historical holders clearing out. The larger holders are not selling for good reason.

For our fund in Aus Ive tried to buy more for weeks now at 5.5 and 5.6 but never have my order filled through Commsec.

This is a minimum 18 month plus journey, because as the profit and revenues increase then the share price will recalibrate. Ann like the ones due are fine but in reality the business performance is where its at for new investors.

Someone wrote here that there is good money to be made at $0.055 to $0.060 cents. Well thats clearly small minded as for one you can't buy enough volumes to even make a worthwhile return, and IMO they are risking all holders as the future movements will morph the .005 return.

So these ones are just fooling themselves and disrupting the forward momentum of the share price for small returns and rather selfish towards the realistic value of the longterm holders and MC. Longterm holders should ignore the foolish and wait.

For those trying to scalp you probably want to trade a share like A2M its currently a steal. They have 500m in the bank with no debt. It has historical performance, is cutting into the US market with high end lines and will make significant revenue gains this year. We trade ATM because of volume alone. Something just not possible with the current JAT position, for us the strategy is quite different here.

All the best, in our opinion everyone should be prosperous.
Strategic Fund Pty Ltd
success favours the brave.