I'd say the difference is the level of trust in management. JAT's done a few questionable CRs etc. I think we just need a few months without further CRs and then the trust will return and the lid will be lifted.
price is same as last qtr when the sales were 10 mill and 5 mill loss. they have raised 5 mill since and cash flow +ve now. easy to see 2 to 3 times the price from here. Looks like >100mill annualised sales. Stage 3 of make their own high margin products in China...in the future.
12c is target next few weeks, now that market is running again and latest China figures have given a +ve boost to market.
I'd say the difference is the level of trust in management....
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Last
39.8¢ |
Change
-0.008(1.85%) |
Mkt cap ! $58.28M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 39.5¢ | $5.494K | 13.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2131 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 1129 | 1 |
View Market Depth
| Last trade - 11.37am 26/11/2024 (20 minute delay) ? |
| JAT (ASX) Chart |
