Ann: Sunnya - New China contracts, page-29

The nature of the fast moving consumer goods sector (which JAT belongs to) doesn't allow for much cash on hand as it's needed to purchase new inventory for a relatively quick turnover. I cannot provide an opinion upon the management given the lack of transparency from Chinese management. I personally got involved in this stock because I see the demand behind Infant formula, I also like the idea behind an Australian produced good being supplied to the Chinese market so that revenue doesn't need to be expatriated given capital outflow regulations (or lack thereof) from China.