1MC 6.25% 3.0¢ morella corporation limited

Ann: Change in substantial holding, page-22

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    You and I know that that is not going to happen. But yes if it were to appreciate to ' par ' value , then effectively your interest rate would be ' real ' at 15% , and your accrued interest and principal would only be US$276.30 Million = $A276 Million , and you would have a savings of approximately $275 million. However , and like I said , with Australia likely to join a number of other high quality Nations like Canada , Great Britain , France , and almost Germany who are currently in or close to recession , the probabilities of the Aussie further depreciating is much more likely at the present moment......wink.png
 
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