RJT 0.00% 0.9¢ rubicon japan trust

I agree with plasmod. A 25% or even 30% fall in value would...

  1. 342 Posts.
    I agree with plasmod. A 25% or even 30% fall in value would bring NTA to around 70c.

    Someone else mentioned here before, BJT recently revalued their portfolio, which is similar in type, with some gain and some loss, no real movement. The Japanese property market has been relient thusfar.

    I do not hold yet but like the news today. However, SP could take some time to recover as sentiment rules over fundamentals ATM.

    Some may even think the best result would be to liquidate the company today which would result in at least 50c-60c per share, 5 multiple of the current price.

    Crazy market we are in peoples.
 
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