Thanks for your response I only just noticed it. The rising AUD would be good for clearing the USD debt but the other side would be revenue sourced in USD would be getting a big hit. Perhaps the forecasts would be adjusted donwnwards if they were done on an assumption of the early 80s exchange forbid (or hope not even lower).
Would expect it to continue on the 30 - 31c pattern for a bit longer then perhaps break down towards 27c as new shares are traded before rising again in a month or so as the new shares trading finishes
BLY Price at posting:
$3.10 Sentiment: None Disclosure: Held
