During my reading on uni I have glossed over the effects of movements in the foreign exchange rate between australia and the states. Given the SA deal was in euro's there's a consideration there also.
Counter to the foreign sourced income there is also the retained tax losses in oz, the benefit of which will be realised from local earnings in the future.
A learned friend has just pointed out something that I have overlooked of immediate relevance come Naz listing... had uni listed on the naz last night at 1.285 x 6 = $7.71, then UNS on the ASX would be the following on Monday: 7.71/6/0.883=1.455
Here is the 5 year weekly chart, looking forward to the next 4m day snork! I'm tipping it will be on or around 10 Feb 10
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