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  1. GonZoBaZooKo
    262 Posts.
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    04/07/15
    09:18
    Post #: 15580040
    I would be surprised if it was left @ 1 : 1 ..... the $au faces head winds in the foreseeable future especially with the $us being so strong and likely to get stronger if a US interest rate rise happens ...... I don't think we will be seeing parity again any time soon ..... given that the falling $au has such a dramatic improvement on the IRR it would be widely acceptable to use 90 : 1 imo ...... with an 80 : 1 also thrown in for good measure ...... just my thoughts.
    TNG Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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