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The sudden drop in the aussie dollar causing off shore investors...

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    The sudden drop in the aussie dollar causing off shore investors to re calculate their portfolios in the ASX and alot are dumping.

    Nothing new to old time SH , but ones that are new to FAR ..............last year FAR brought SHELL to the table in GFC and the SP went north from 4cps and peaked at 15cps on no JV ANN , but SHELL did have a option to take up a JV. It was a pure 50/50 bet in hindsight. During this time the index was 3200 - 4000. It will do the same once the big day comes with or with out another dip in the global ecomony.


    IMOO
 
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