why buy gjt now, page-19

great deal for institute buyers, but terrible for exisiting holders

Especially those that bought before the GFC. They would have gotten in at price of above $40 per share. Now they're getting $1.50 back for something that they fork out more than $40, five years ago.

I don't expect the share price to ever reach $40 again. But $5 - $7 is a possibility, given the current economic environment in Japan.

Current holders should demand more than $1.50 per share

The stock have already lost more than 95% value, going to NIL won't lose them much more.