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?
BUL Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held