GJT 0.00% $2.69 galileo japan trust

Could it be that the 27% holders are happy with the terms...

  1. 7,264 Posts.
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    Could it be that the 27% holders are happy with the terms because it is possible that they are the same intos that could that some if not all of the placements. Pretty cheap deal for them to increase majority holdings or dilute other holders in time for some nice gains.

    Japan property has recently hit the limelight and is past due for some recovery I too have been following GJT and AJA for sometime, was lucky enough to make some (small but some) on AJA during the crash, hindsight tells me i shoulda held onto them..hindsights a prick!..I've had GJT for a while and toughed it out as it sunk to depressing lows and 'lucky' to have averaged down just prior to this groin tearing up-kick and now nicely blerk..

    I dont have much but I'd be voting no...my gut is telling me its justs seems way too cheap.
 
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Currently unlisted public company.

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