BUL 7.14% 5.2¢ blue energy limited

Low Aud$ = Buy Australian if O'Seas?

  1. 6,348 Posts.
    lightbulb Created with Sketch. 546
    Well many Oil/Gas stocks got hit a little today - the Aust. $ slides - not sure where it will end?, but the further it goes, the better placed cashed up USD$ buyers will be! I'm not one of them, just hope to hang onto the coat-tails as O'Seas buyers once again start shopping for Aussie bargains!

    If the Aussie $ devalues?, at what point do Aussie export Co's rise? suspect their is a time lag, expect Blue is well placed should the currency trend continue - OR am I missing the point?
 
watchlist Created with Sketch. Add BUL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.