JAT 1.55% 49.3¢ jatcorp limited

Ann: Jatenergy creates joints venture manufacturing operation, page-35

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 869 Posts.
    lightbulb Created with Sketch. 50
    The reason why they will purchase land , build a factory in Sydney & start manufacturing vitamins is because of this pending deal.
    quote
    In September 2018, Green Forest entered into an agreement with the largest Chinese medical andhealthcare group, Sinopharm, to supply vitamins, cosmetic products, dairy products and otherhealth-related consumer goods. The Group expects a boost to revenue from supplying to the 5,000-storepharmacy chain across China which Sinopharm is in the process of establishing.

    We expect to complete stage one of establishing the factory by late 2019 orearly 2020, contingent on planning approvals.Market TrendsJatenergy's Neurio products, distributed into pharmacies across Australiaand China, are in such high demand that we are confident the factory willbecome cash positive 12 months after production commences.end of quote

    A very wise move .
 
watchlist Created with Sketch. Add JAT (ASX) to my watchlist
(20min delay)
Last
49.3¢
Change
0.008(1.55%)
Mkt cap ! $58.28M
Open High Low Value Volume
49.3¢ 49.3¢ 49.3¢ $1.231K 2.5K

Buyers (Bids)

No. Vol. Price($)
1 8000 46.0¢
 

Sellers (Offers)

Price($) Vol. No.
49.5¢ 30062 2
View Market Depth
Last trade - 13.03pm 15/11/2024 (20 minute delay) ?
JAT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.