As a current nws holder, I've been thinking of topping up on a decent pullback. However, with the aussie dollar going so strong, it might be worth waiting.
The way our dollar is going and with such negativity about the US dollar, we could see the aussie at 80+. Imagine the aussie at 85 or 90c (which i doubt) then I will be buying with my ears pinned back. It would be just like double dipping. Getting a good growth company, which is undervalued, with an aussie dollar which is overvalued (or at least near record highs). The growth could be two fold.
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Glen Diemar, MD
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