I agree Heron. If valuations increase, Jap commercial property iquidity increases, then with an asset sale or 2 GJT will be able to continue operating the same business model as before and the increased value should be reflected in the share price. And conveniently management will be able to keep their jobs
Still a very risky stock as there is a genuine chance of losing the lot, there will be long periods of no information coming from the company, but risk vs reward it's my kind of punt and its getting harder to find cheap punts with upside like this.
GJT Price at posting:
$2.10 Sentiment: LT Buy Disclosure: Held