i doubt their will be much news for another couple weeks. we might all lose interest. still plenty of time for an orderly exit.
why do people say the insto placement was oversubscribed when in fact australia instos largely baulked at the offer and instead BAM were forced to look overseas and still struggled by all accounts. they needed to use close ties with allies to find investors.
it would be good to have persistentone back here. he may be able to shed some light on the american way of investing. and how it may pan out.
btw welcome back.
BBI Price at posting:
4.0¢ Sentiment: None Disclosure: Not Held