its alive......, page-8

read the end of the 8 page annoucment

in four years if the property values are what they are at 30 June (if you believe them), and all assets are sold at said value, and all blood suckers have sucked blood, each GJT share is 22 cents.

in four years is values UP 10% you get 36 cents

in four years if values DOWN 10% you get 8 cents

So GJT is simply now a play on asset values in Japan and the ability to sell them in an orderly fashion over the next four years at book value.

Also, with no derivatives now, a strong Aussie is bad and weak one good. Above numbers are at 80 yen to the dollar.

If in four years the world is wonderous again and Japan is strong it is a super bet at 6 cents a share. If you think property values will come down more than 10% and be tough to sell - the shares can be worth nothing.

I am going to have quite a sleep on this and think what will happen in the next four years!