great opening, page-14

I reckon you will be right on the performance fees, if we get lucky and they do well
again, then I would have no complaints paying for it.

I actually sold the heads for 1.06 and bought 150% more oppies at .21 than the heads I sold.

I banked a fair portion of my investment and increased my position in BHD

In my head, I valued the oppies at .20 and the heads at $1 on listing, so doing the
buy/sell, I reckon I only paid .15 for the oppies.

If it does well both heads and oppies perform well, and I will have to pony up the
extra $1 at some time, but some of that will flow straight back as a divy.

If it does fair, will sit on the oppies until 2020

If it does not so well, most of the money is already in the bank

at least that is the plan


BTW there are currently no oppies for sale at any price, so with their long
lives and the Captain's past performance, maybe they were underpriced on the
first day, seeing as though it looks like the funds are already invested and
performing, an oppie price of say 25c plus the premium over $1 that the
heads are trading at, (7cents), so oppie price say 32c may be attainable in the
near future, if the heads are still at 1.07


cheers grant