FML 2.78% 18.5¢ focus minerals ltd

Hi CW I gave up following the XGD, it's just too heavily weight...

  1. 6,139 Posts.
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    Hi CW I gave up following the XGD, it's just too heavily weight by NCM, but thanks for the observation.
    Also, when money leaves OZ on the back of industrial metals down, baby goes with bathwater, so even though AUD AU rises, the producers dont as the market knows its just a temp swing & not a trend change, I expect we will see the AUD above 1.10 very soon & possibly close to 1.20 very soon.

    We have seen this currency trend happening a fair few times since the GFC, wasnt following the market before than so cant comment longer.

    Wear your hard hat, amaueur charist at work
 
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