annual result, page-6

I'd have to concede with you there Wong. Sorry for the late response enrico.

The NTA is still next to nothing but that's not what to look for. It's the debt reduction versus the income. I believe $4.5m profit is the bottom, and that this number can only improve from here. To what degree is unknowable.

In terms of opportunity cost, I throw in the towel:
There are better choices of stocks out there in this crummy market. I like you however, am stuck with the stock I've already purchased, so I'll just have to hang on too.

Our timing on this has obviously been off.

Regretfully,
Ambitionite

PS: Trajectory is still up from here though I believe.
Stills of the Divercity progress.
http://www.divercitywaterloo.com.au/news/all-news.aspx