Indeed McD. And we can forget about the 78%, as thats near enough the ol'cig pkt conv. forAUD/USD. So lets say, for parity's sake, 3.6bboe for around 3.6b conv.heads. I estimate therefore, i hold 1xbarrel of oil per share. And no-one's getting one of them for 7 cents
Massive Rerate Tomorrow, page-38
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