whats happened to 92c?

Ok the ASX has decided not to mirror the Nasdaq...

I worked it out that $5.01usd with Fx@90c is 92c/CDI.

5.01 /0.9 =X /6 = 92c

So we at a 3c discount. Is it because it was only a small push to get unis over the $5 barrier?

It usually takes the next week or two for the market to digest news and for the big fellas to move in and push the stock up the next level after the profit taker and shorts have sold it off. So this is the beginning. Sometimes I wish it was next week! lol.

Steady she goes, onward & upward...
:-)

PS
I'd hate to pass the ball on the try line.