MAE marion energy limited
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re: australian dollar Kiwi, I don't understand your reasoning. A...

  1. cptinsano
    192 Posts.
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    24/01/09
    14:03
    Post #: 4725197
    re: australian dollar Kiwi, I don't understand your reasoning. A weakening aussie dollar is more free money to us! The company will be sold based on a US dollar evaluation of booked reserves. The weaker the aussie dollar at the time, the more aussie dollars we will get in our hand for the transaction.
    MAE Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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