AGO 0.00% 4.5¢ atlas iron limited

No probs. These IO price falls will inevitably cause the Oz...

  1. 554 Posts.
    No probs. These IO price falls will inevitably cause the Oz dollar to fall, albeit a few months time lag. Our biggest export commodity. In all, The dollar will follow the IO fall so nothing much changes and everyone survives. Never underestimate the dollar and it's influence. People talk about IO at $50 but the Oz dollar was also $50 or thereabouts...and China was just deciding to urbanise.
 
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