Page 7 of FY13 half yearly presentation shows NTA sensitivity to revaluation and exchange rate.
If revaluation increase by 5% (which is most likely) then NTA increases to $6.03
Now if revaluation increase by 10% (which is very likely) provided abenomics work.. Then we are in heaven.. The NTA should shoot well over $10 if this happen.. I suspect this reality will come Q3 next year..
As for the yen devaluing.. The aussie dollar is also devaluing albeit at a much faster rate.. Therefor they should cancel each other out.. Hence not much volatility in the exchange rate..
GJT Price at posting:
65.0¢ Sentiment: Hold Disclosure: Held
