Maintenance purchases for the secondary portfolio in the form of 100 Loudspring shares bough for 0,634 EUR per share and 600 NEL ASA shares bought for 3,6 NOK per share. The obvious risk with Loundspring has materialised lately mainly because of their portfolio company Nocart. That’s a company which may very well go bankrupt at some point but personally I’ve never considered it as the most interesting company they own. In my books Eagle Filters has claimed that spot. Having said that, Nocart has been the major driver for the share price in the past so naturally such issues have had a major impact on the share price going forward. Current valuation however seems low even though it’s impossible to really value the portfolio they have. NEL on the other hand is progressing really well. I have very high hopes for it in the next five to ten years. In my books it has all the characteristics of a prime take over candidate.