Just a humble thought and open a point for debate. When NCP move to US, wouldn't it be beneficial for NCP if US dollar is generally weak? Since they'll be reporting in US dollar and all operations outsite of US will have an exchange rate benefit...As for the switch over from Australia to US, it will be beneficial if US dollar is stronger, i.e. US fund managers buy NCP stock at from Australian fund manager at a favourable exchange rate. If one holds the view that US dollar will decline in the long run, wouldn't it be a good time for US fund managers to buy NCP stock before US dollar continue its further decline? Now, if one holds the view that US dollar will strengthen in the long run, then there is no urgency for US fund managers to buy stock now...Any views will be appreciated...Thankyou kindly....
