state of play:
- NTA (Dec) 85c
- gearing (Dec) 61.3%
- BJT own 5%
- market cap @10c is $44m
- additonal $20m in coffers if Dec'07 div withheld.
Jap property market healthy. I am looking to increase my long position. Suspect Rubicon will be replaced as manager soon (Babcock, Gailieo, Challenger). A risky trade (eg may about to be suspended) but the big buffer to realisible NTA makes profit likely.
thoughts?
- Forums
- ASX - By Stock
- RJT
- preopen again
preopen again
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)