OB has a solid yield of 6.4%. That will not last. It will trade up to a 5.4% yield or $15.50/shr just like it did before the divvy. If WTM buys back its 600K shares, BV will be $445 and it should trade up to BV in the next year no matter what the market does. Not only that, the short term bond portfolios of all insurers will produce solid gains in BV next quarter as they mark to market. 2Q had huge bond gains.