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Actually today's market downturn is not a bad thing. My...

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  1. bobadah
    10,435 Posts.
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    22/09/14
    21:24
    Post #: 14012208
    Actually today's market downturn is not a bad thing. My understanding is that it was largely caused by foreign selling worried about losses of capital as the Aussie dollar falls. BUT a falling aussie dollar will soon benefit shareholders here (once the equilibrium balance is reached) because our sales will get greater profits.
    TNG Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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