JAT 2.47% 39.5¢ jatcorp limited

Not hard to see where the sp will be heading from here...

  1. 807 Posts.
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    Not hard to see where the sp will be heading from here really...

    when the sp dropped to the bottom 3.5 in oct last year, the sp bounced to 9.3c high within a week when the sep quarterly was released with 10mil revenue and 5 mil loss.

    Recent Q we have achieved 18mil revenure and 1 mil profit.  Do you think with current achievement we will drop back to 3c? I really don’t...

    Tbh I’m not sure what is the market expectation, or more like traders in play but we have 80% growth and the potential of this company is huge with only 50mil mc + 5 mil cash. Drop to 4c will leave us 33mil mc...

    So, I see more upside than downside in term of sp. Growing middle class with 1.5 bil population, another 5-10 mil on top of current quarter is a drop in the ocean, given our board has strong marketing and networking platforms...
    https://hotcopper.com.au/data/attachments/1423/1423616-fcc7160a7acc58c70d1f896135431db1.jpg
    5.8c and 6.1c supports should be strong, next support is 3.5c... lol... no chart expert (still learning)... AIMO

    Definately buying more at this level. GLTA 




    Last edited by csfoo7721: 30/01/19
 
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