Because the AUD is so heavily driven by commodities, if Copper/Entree were to continue to drop, would you see it being slightly offset by a weakening AUD?
CAD$1 is now buying over AUD$1.07 which helped the pain from Entree's drop last night.
A lot of mixed opinions out there from go to woe huh?
Regardless, today the Entree bid values us above AUD$0.34 so I'm certainly not hitting panic buttons yet!
PMH Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held
