I know we have discussed this subject before - but, in the absence of any information from management - I continue to ask the question - what are we doing about our cash?? According to predictions in all the news I read, our dollar will reach parity with the US$ some time early in the new year. That means that our nest egg of $A 1 billion will be worth just $A 700 million . A loss of $300 million in a matter of 6 months. Now, unless, Rio are prepared to take US$, we will have lost all this years' profit. No wonder our SP cannot get past $1.30. M.
- Forums
- ASX - By Stock
- OZL
- oz $ v us$
oz $ v us$
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OZL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online