dont understand?, page-21

I DID double today. There is a high probability GJT will survive all of this OK. I expected the distribution cut although I was hoping the small loan could be refinanced by a loan roll-over. The business itself remains sounds, so far. The FX should not deteriorate further, it seems RBA is quite prepared to defend the AUD here. The greatest risk here is that the situation does not improve by end of 2009, I'm betting it will. The directors hold plenty of shares so there is an incentive for them to perform. High risk but potentially very high reward here IMO.