JAT 4.17% 34.5¢ jatcorp limited

I have never been in it at all. Red flag central since day one....

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. 1,160 Posts.
    lightbulb Created with Sketch. 131
    I have never been in it at all. Red flag central since day one.

    The impairment says they'll buying crap businesses that can't stand up to the low budgeting hurdles used as assumptions. Management tell investors one thing of amazing growth yet the assets aren't justifying it. Secondly, razor thins margins and lac of scalability, even if they grow a lot, profit will be marginal if it ever comes through whilst it'll require large amounts of working capital to do so. This is not the formula for a rewarding investment. I have been quite clear in detailing what the impairment suggests and why what revenue growth that does come through won't look very good. Two different points from the report that add to one story: wasting shareholder money on assets that won't deliver the outcomes promised.
 
watchlist Created with Sketch. Add JAT (ASX) to my watchlist
(20min delay)
Last
34.5¢
Change
-0.015(4.17%)
Mkt cap ! $58.28M
Open High Low Value Volume
36.5¢ 36.5¢ 34.5¢ $13.27K 36.83K

Buyers (Bids)

No. Vol. Price($)
3 8948 34.0¢
 

Sellers (Offers)

Price($) Vol. No.
35.0¢ 9426 1
View Market Depth
Last trade - 14.36pm 29/11/2024 (20 minute delay) ?
JAT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.