Good to see some positivity about JAT but lets not get delirious, this is a long term hold, all the predictions of it tripling by next week/quarter should be taken with a grain of salt
Someone asked at the preceding AGM - where is GK being sold? the management said it was already being sold throughout Australia, although they couldnt say where and would contact that person later...they never did, i still cant find where to buy it - i see it as the crucial component here as that will be the highest margin product they will probably sell
id say most investors are looking to accumulate sub 6 . I would be cautious about them meeting or exceeding their predictions of 65mil for the year as it is within reach but a lot of IFs like the memorandums becoming solid conditional contracts, the ability to logistically supply the market as well as the amount of CR needed to achieve smooth operations(although they mostly CR to their friends which is a concern) so it does carry short term risk.
Ideally anything below 4c for this is a steal for long term investors even with a few hiccups along the road
