have traded GJT previously and came out on top so have a soft spot for her.
Really though it is looking pretty bad, the directors will want to drag it out for ever so they can keep their salary. Then there is the fear of dilution, and the fear of the other Jap banks pulling the plug.
Only positive is the Jap property market is boring as hell (stable IMO) and then Yen had depreciated recently so a good currency play I agree with an earlier poster. Might get 50,000 @ ~6c to put away just in case she comes good.
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