OSH 0.00% $4.04 oil search limited

didnt hear these comments..., page-8

  1. 209 Posts.
    re: didnt hear these comments - shg Surely the issue would be the currency they earn in (Kina) , not the currency the report in (US$) as far as their exchange rate leverage goes ?

    As far as I am aware, international contracts between non-US companies are often drawn up in US$ - don't know what OSH does. It seems to me it would depend on when the deal was struck, which way the exchange rates were going at contract signing, and what was the reference currency for payment.

    .... Paradox
 
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