Seeking safety

We now assess the likelihood of significant declines in equity ASX prices as high. Based on this we have sold some shares to bring them into line with their value allocation and sold all of others deemed too risky to hold.

Some of our shares in Blackmores, Carbon Conscious, Capilano Honey, Mobile Embrace and Vmoto have been sold, plus all of our Crowd Mobile and Huon Aquaculture shares.

20/1: further sales of JB Hi-Fi and Infigen Energy.