Hmmmm - the further I go on - even though I thought that going to the NYSE was a good idea - well, watching how they play -------- I am beginning to have severe doubts.
Apparently from what Nick has said -- back some weeks/months -------- we are way past 'needing' NYSE.
Well, with what GR has said and the foundations for 2016 say ---------- if I am reading it right - our revenue and profit should be through the roof this year and next year.
So - do we need the complication? We don't need it for the Berry Act - that is manufacture - not home exchange or ownership - so, maybe keeping it just for us isn't such a bad idea.
I would bet a lot to say we will have a dividend stream in 2017 - if not a tad earlier - and our receipts are paid in US dollars and our divvies would be paid in Aussie dollars --------- honestly, I can't think of anything better than that.
Of course - traditionally, the Yanks have higher PE's than we do ---------- but, some of our flying companies ATM have pretty high PE's ----------- if we got within half way of them I would be happy.
The ASX moves - I can get some sort of logic to - but, the American movements -------- I see hundreds of points up and hundreds down - QE's starting - QE's stopping - markets moving up for one reason one day then down for the same reason a couple of days later -------
I can't work em out - seems to me that it's all smoke and mirrors.
Do we need that? For a long term investor - I am seriously beginning to wonder.
Pinto
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Hmmmm - the further I go on - even though I thought that going...
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