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As fellow action strategy must be aware by now, BGL (bellevue) has a SPP offer @$1 a share;

I do not know what Mr Skate think about that but what I often do, and did today:

I sell existing portfolio component and have a de facto option to buy BGL at $1 until 4th of august:

I believe I so remove risk and potentially buy  more than I had before

Is any of you , inc Mr Skate applying that "strategy" or have I just been too traumatised by the GFC where this resulting in significant gains and risk avoidance


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