Nothing new here, just a minor strategic operation with NYSE:BBL. As it became evident that basically all miners would be taking extra beating, I decided to sell my 110 shares on December 7th for 23,2401 USD per share. The following day I bought back 130 shares for 21,68 USD per share. As a bonus I recorded some losses to be used later for tax deductions.
Long term fundamentals haven’t really changed but the current situation is challenging. There could be a dividend cut in the cards but personally I wouldn’t event mind having one. Current situation in the overall market provides excellent possibilities for strategic moves by such a big player.