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Non-Tech : Ritchie Bros. (RBA)
RBA 100.33+4.3%Nov 7 9:30 AM EST

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From: JakeStraw5/4/2009 8:39:12 AM
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Ritchie Bros. buyers break internet participation record at Las Vegas unreserved auction
finance.yahoo.com
On Monday May 4, 2009, 7:00 am EDT

LAS VEGAS, May 4 /PRNewswire-FirstCall/ - Ritchie Bros. Auctioneers (NYSE and TSX: RBA), the world's largest industrial auctioneer, conducted a US$25 million unreserved auction on May 1, 2009 at its Las Vegas auction site and attracted more than 1,800 unique registered bidders from 27 countries around the world, including 47 US states and every Canadian province. More than 1,300 lots were sold on auction day, with 30% of the lots (more than US$8 million worth of trucks and equipment) sold to buyers bidding live and in real time over the internet. More than 950 unique bidders participated online during the auction and 211 internet buyers were successful purchasers -- the most internet buyers at a Las Vegas auction. Ninety-one percent of the trucks and equipment (based on dollar amount) left the state of Nevada; twenty-seven percent left the United States.
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