norges bank selling, page-23

I've held BBI / BEPPA for most of the last 12 months. It never made sense to me why BEPPA and BBI tracked each others' rises and falls, but they did.

Either the last 12 months have been an error in judgment or the last few weeks have been an aberration where BEPPA rose against a background of falling BBI. Personally I'm inclined to trust the long term pattern.

I suspect BBI will be revisiting its lows pretty soon due to SPARC dilution and BEPPA will follow. A bailed out of BEPPA at 14.5c a few days ago. A bit premature as it turned out - oh well.

These stocks were always about risk vs return. When I originally bought, BEPPA was a a potential 10 bagger. Now looks like a 3 bagger for similar risk. The equation for BBI looks even worse. I'm happy to jump back in BEPPA if we get close to the lows again. Remember what happened to the share price when DB exited.