Forgive me for this, but I am taking the easy way out.
Does anyone here recall the effect of the Aust Dollar against the yen on the Hedging and the prospective SP of AJA.
Now with my belief that the Low Yielding Yen is going to come under pressure from the commodity strong AUD + they will also get wacked by Increasing oil price (that is my assumption), I am very interested to try and work out if my assuemed currency increase against the yen is a good thing for aja and to what extent, Once again knowing that there are hedges in place. talk of this ahs been a bit quite, but to be honest, i really can't get my head around if it is good or bad.
Any thoughts are welcome
Forgive me for this, but I am taking the easy way out.Does...
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