MAE 0.00% 0.0¢ marion energy limited

PS the only reason currency rates have helped their debt burden...

  1. 1,451 Posts.
    PS the only reason currency rates have helped their debt burden is becasue for the last decade their only real source of revenue has been capital raisings in AUD. Their revenue from real business activities is also in USD no no real advantage there.

    Also any sale or other proceeds repatriated back to AUD have just lost 40% in value. The strong AUD has actually destroyed your value in the company not increased it
 
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