re: Ann: Completes Sale of Shinbashi Redbrick... i think it is...

re: Ann: Completes Sale of Shinbashi Redbrick... i think it is highly unlikely that a merger with aja will occur - egos aside - I think it very hard to now justify an Australian listed trust holding Japanese Property - investors can simply go to Japan and buy Japanese listed Property Trusts

I still believe that the risk reward favours holding this stock as a 2 year option play. However, it is a bet on management competence / negotiating ability and the recovery of Japanese property values such that the debt can be renegotiated etc (which is a very very big risk.)

In my opinion, you should be prepared to lose the lot

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just me pissing in the wind - do your best and don't rely on anything I say - you would be mad