yellowcake
"This is a very serious area of risk for the Australian commodity sector because everyone is focussed on short term liabilities rather than the longer term benefits of a capitulated oz dollar."
as far as I can see this is bad for shares short term because it is not worthwhile holding them if you are an overseas fund
hence the sell down
but long term the lower dollar will mean people overseas will want our product because it is cheaper
how do you see it panning out?
fewer overseas takeovers
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- geez the aussie is struggling
yellowcake"This is a very serious area of risk for the...
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