GRR 0.00% 33.0¢ grange resources limited.

AUD has hits 91c

  1. 13,783 Posts.
    USA may raise interest Rates + the USD soon

    the AUD has hits 91c ... and drops by 2.5c in 2 days ..its in a downtrend now ..to 75c.

    at this rate we could possibly be at 86c by end of September ..be at 80c by xmas and thru 2015 ..even if IO was at $80 and AUD was 80c = 100t aud .. or $140 for Pellets

    then GRR would do well ..it would survive and may thrive ..as the AUD falls against the USD and RMB
 
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