buyback, page-6

All,
Just read this in Business Spectator. Here is the link

http://www.businessspectator.com.au/bs.nsf/Article/Australian-dollar-simon-derrick-loonie-forex-curre-pd20100701-6WSCS?OpenDocument&src=amm

Here is an excerpt

"Yes, if you believe Bank of New York Mellon analyst, Simon Derrick. He argues that the commodity currencies such as the Australian dollar and the Canadian loonie are now behaving in much the same way as they did in the final months of 2008, when problems in the US banking system intensified, and the financial crisis enveloped the United Kingdom and Europe."

The implications of this is that OZL is probably best positioned af all midcap stocks to weather another storm (if it occurs). The storm could also throw up some opportunities. I keep saying that patiance is the key here and anyone looking for a quick share price appreciation will be disappointed.

HT1