Current Price – $0.384
Expected NAV – $0.63
Upside – 60%
Expiration Date – TBD (expected in H1 2017)
This is a microcap opportunity in London AIM Market. Tejoori has sold all of its assets and currently stands as a cash shell. Management announced intention to distribute part of the proceeds to shareholders. Currently TJI trades at 40% discount to cash on hand and this gap is expected to close once the distribution is announced.