Many BBI and beppa holdrs have been crying in their milk about the gradual diminishing of the value of their holdings.
Since April down about 50%
The continual winner in the BBI melange has been BBN010, the listed in NZ sparcs bonds.
Due to be paid out at approximately 100% on their current value the bonds real value has risen by 300% since January and during that time have returned full face value to bond holders.Since April they have gone up 150% in value.
Most importantly one will receive 17% on their investment at current prices and a full return of 100% in November.
The downside- BBI falling over before December 2009.
Now if you are in BBI, that is a safe haven
BBI Price at posting:
6.6¢ Sentiment: Hold Disclosure: Held