BLY
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0.00% $2.91 boart longyear group ltd

aud strength

  1. kengaikl
    2,047 Posts.
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    30/09/09
    21:56
    Post #: 5717240
    I hope they didnt hedge against the AUD for the funds raised in AUD. When they announced the SPP the AUD was at 84 cents now thats its at 88 cents a 4 cent gain on 700+ is alot of money ie around 30 million less to pay back in USD loans.
    BLY Price at posting: $3.20 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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