GJT 0.00% $2.69 galileo japan trust

Ann: Dividend/Distribution - GJT-GJT.AX, page-8

  1. 2,888 Posts.
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    I count $2.80 at current exchange rate of 77.4, being -
    $2.78 NTA of the 18 properties
    -$0.026 for earthquake damage
    $0.026 for earnings for July to August
    $0.02 (?) in specie distribution (made this up), look at note 5 in financials and the prov for distributin, the difference is a big chunk of the working capital balance, not much science here, very rubbery number that also takes into account wind up fees

    Last at $2.54 this represents a 10.2% increase for a 2 to 3 month hold. Annualised 40%, which exceeds buffets long term returns. I like it, dyor
 
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