Hi Snow, What I have noticed with other Re Stocks I hold. GMG, GPT, when instos accumulate, the stock goes down , no diference with AJA, this is not a market it is leagal manipulation, yes yen is droping but AU is dropping faster, at least a good hedge on the AUD as low as 80c, AJA is on the up again, hope we get some where close to r NTA soon,cheers.