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Davey, You’re a worry !Forget hyping the oil price, you've gotta...

  1. MutantSlab
    602 Posts.
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    19/10/09
    23:24
    Post #: 5802066
    Davey,
    You’re a worry !
    Forget hyping the oil price, you've gotta curse the AUD. Its relentless. Our margin has only increased about $10 a barrel since March/April. Unbelieveable ! The dollar looks to be heading to parity and beyond, could even go as high as 110c by early/mid next year. Its going to crunch exports. Thankfully, production is looking up !!
    Cheers all,
    ITC Price at posting: 5.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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