One of the problems with your reasoning Melua and Coops is that...

One of the problems with your reasoning Melua and Coops is that you are now attempting to predict when DB and BBI will stop selling BBi/Beppa, as the shares have fluctuated up and down and gaps have narrowed and expanded it is clear that opportunities still abound. The beppa gap will narrow/widen and then beppa will be passed by BBI, but we are not anywhere near that stage as yet, we are still below 10c in both cases. As I once said melua, if your "mate" continues to arbitrage he'll get to a million shares- Holding both is certainly a comfortable position but does not allow you to maximise your holdings at little or no risk- Conside this if you converted now from Beppa to BBI and no parity was achieved until Beppa reached 50c, you would still be well in front! If you don't tnik above 50c is the point check back in August!