BJT babcock & brown japan property trust

Correct, not good in real term numbers, but better for...

  1. 251 Posts.
    Correct, not good in real term numbers, but better for accounting purposes of mark to market losses. One of those silly accounting rules which I don't understand. The hedges are out of the money or something along those lines. Who knows, I just remember the report stating that since the decline of the AUD the hedges were out of the money and thus they had to show a loss.

    Yep now i am dribbling lol
 
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