COK cockatoo coal limited

Devo you forgot about the collapsing AUD on COK's earnings. Get...

  1. 10,494 Posts.
    Devo you forgot about the collapsing AUD on COK's earnings.

    Get ready for another RBA rate cut bringing the Exchange rate to 85 us cents. The macro economic situation in Australia is dire. Any more bad news on unemployment, job ads and vacancy falls, loans approval, construction and retail numbers, ever worsening budget blackhole (the one that within a year went from a sizable surplus.to a razor thin surplus then to a $6 billion blackhole, growing to $12B then to $20B) and the hedge funds will massacre the AUD.
 
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