OZL 0.00% $26.44 oz minerals limited

us cash, page-24

  1. 1,987 Posts.
    Losty, I would not call it playing either - rather, being smart. They told Virgil that they had $780 mill in US$. Divide by 0.80c for Aussie ( at sale time), that was $A975 mill . Now the Aus is .86, that gives us only, $A 907 mill. You do not have to be a currency player to see the odds are in the Aus favour. M.
 
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