Hi,
A few things.
Over reaction from retail who though it would be Euro1 this week.
Along with some heavy hitters selling too.
I am just waiting for cash to clear -and will buy Wed am, because - when I look back in 2 or 3 years, I will laugh at today.
Ross is indeed reducing his take but it will be taken up by other institutions.
Long term - Bir will be fine.
Text from a lad on LSE
As you can see on the site below, there are actually 59 Funds (listed at Onvista) who have an engagement in BKIR.
Yesterday it was 57, last week I guess about 52, ansd in January (when I discovered the page) it was 48 Funds.
