funny, but I don't think people actually understand that if oil rises 10% and aud rised 10% against usd, then the effect on aussie oil producers is zero... they don't become more valuable at all...
of course thats all averaged over the year but the rising aud looks set to stay with us for quite a while..
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Last
8,757.2 |
Change
118.200(1.37%) |
Mkt cap ! n/a | |||
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| XJO (ASX) Chart |