Hi there Maldowl.
One tiny snippet that the market always forgets is that many Aussie companies, including CDY, generate primary revenues in foreign currency. CDY's primary revenue prospects remain Yen and USDs. The implied "gain" from the AUD's fall does not seem to have been priced ... but a gain it certainly is.
I'm no longer overly worried about what any particular market may do. In this particular space, all that really matters to me is Cellmid news and Cellmid' partner news HOWEVER if money ebbs away from the resources sector and from AUD linked stocks it has to go somewhere.
cheers
news from another post, page-2
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