Thumbs up Doc
72.5b (880m AUD at todays rates) indirect interest in a Japanese Portfolio
Only 8m shares on issue so market cap of around 12m, 83.7% ratio of liabilities to assets is daunting, but with such as large discount to NTA it is like buying a cheap option IMO, with known downside of losing the lot and a huge potential upside.
http://www.galileofunds.com.au/Japan/index.html
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- re $1.5 returns $15 in less than 2 years
re $1.5 returns $15 in less than 2 years, page-5
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