WDC 0.00% $10.84 westfield group

big drop for the revaluation of us portfolio

  1. 46 Posts.
    guys,

    if WDC drops again, it would be tragedy because it may be the result of possible revaluation of US portfolio.

    Last time, WDC announced offset the devaluation by strong US dollar. It is totally different now.

    WDC may devaluate for another A$4 billion because of weak US dollar from 0.72 to 0.82.

    However, the management MAY NOT devaluate this time because of the recovery of the economy.

 
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