GJT 0.00% $2.69 galileo japan trust

htrans. main issue is the debt is due in less than 8 months....

  1. 3,740 Posts.
    htrans. main issue is the debt is due in less than 8 months. recap is seem to be a better solution than windup of the assets.

    the price is low. hope management can explain why issue at $1.5. but if it is too high then new investors will not take the offer. double edge swords.

    shares buy back plus dividend will boost the stock price along with upward property valuations in Japan in next few years.

    so expect to see sp trade in the range of $3 to $4 in year or two.

 
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