earnings, divs and sp, page-8

with interest rates so low in the US why would they keep the cash in the US ..a better return would have been achieved in Aust....
....you say other posters have or appear to spoken to the company...
....with the Aud so low in july ..it virtually had only one way to go...up...
.....with ours being the most stable economy globally ...lower was out of the question...higher interest rates adding fuel for rises in the aud....
...unless they hedged, it would have been irrational to hold in USD...
...until I see confirmation from the company, I hold out doubts about this holding all the cash in USD...unless they were 1800'ds silver dollars...