2 to 10 years is a long way out especially when trying to second guess foreign currency markets. I know this is not a not a direct answer to your question, but think about how much revenue SPL is likely to derive from overseas markets in the next 2, 3 or 5 years (assuming no takeover). Once these revenues start to flow, if the $A sinks further, US$ earnings will drive SP higher. Look at what happens to CSL & COH when A$ tumbles.
Thoughts on the Australian dollar, page-4
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
