Further to my previous post on GIR it needs to be understood the Roadshow runs from 27/5-5/6/2008. After a presentation most investors/instos go over the numbers again before placing an order, so it is a time delayed reaction. So instos could take up to a week or more before they commit to a situation i.e gain investment approval to buy, so it is possible overseas orders could still be coming in up to the middle of June. Whilst I can't predict how much buying will occur because that may depend on who & how many investors see & hear the presentation, but what we in Australia do know is what is being presented in the roadshow. We have in effect being given a preview of the Roadshow prior to the Europeans. Always good to hear & read information before the crowd. Guess you could call it competitive advantage.
I have also posted on another interesting presentation today that can be found by checking on my favourites list for today.
Regards
Buffett
No investment information given on any stock please do your own research
Further to my previous post on GIR it needs to be understood the...
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