GNS 0.00% 16.0¢ gunns limited

new sales?, page-26

  1. zwu
    2,452 Posts.
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    NS,

    You said, "apparently ABARE the govt reporting agency agree 1-2years for a slide to perhaps 80, so the time to buy (GNS) is now..."

    ABARE can be wrong as well as right.

    If you really believe in ABARE's prediction that the OZ$ would "slide to perhaps 80" in 1-2 years, then why don't you buy the US$ futures instead of GNS shares?

    Even if the OZ$ "slides" to 80c, it's still mush higher than 65-70c 1 year ago, isn't it?
 
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