OXR oxiana limited

currency exchange losses

  1. crassus1
    1,820 Posts.
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    10/04/05
    10:36
    Post #: 865072
    can anything be done to prevent oxr loosing money in currency exchange losses, a higher AUD$ is bad for oxr.

    cant oxr hedge or something.

    The reason oxr has a minus sign infront of its EPS this yr is because of currency exchange losses.


    SO what would be better for OXR gold at US$420 and AUD$ at .76US,

    or gold at US$500 and AUD$ at .85cUS?
    OXR Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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