The catalyst for the gap to widen dramatically is elimination of corporate debt. There is no way I am selling BEPPA at a 2c spread to buy BBI. Once BBI hit the 20's do not be surprised if there is a 10c gap at least. The only reason BEPPA has tracked the BBI price downwards is because the big sellers of BBI were also sellers of BEPPA. Their strategy was to just exit all BNB related entities. That included BBI, BBP, BBW, BEPPA etc etc. In a market that was driven by fear and forced selling, without volume buyers, the prices had only one way to go.
In late Oct/Nov, The BBI price was 25c whilst BEPPA was 50c. There is no reason this will not happen again.
BBI Price at posting:
6.7¢ Sentiment: Buy Disclosure: Held
