So the CEO has become a currency expert? Seriously, is there any evidence that he did the repat to make a currency gain? Or was that just a lucky move? What if the cross-rates went the opposite direction, is that still "good financial management"? Is it still "good financial management" when you refuse to pay down debt costing 6% with deposits earning 0.35%?
No wonder it doesnt make sense.
SBB Price at posting:
6.6¢ Sentiment: None Disclosure: Not Held