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Nucular,Yes you are right about currency flucations and you need...

  1. Jesterinoz
    364 Posts.
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    06/03/08
    09:03
    Post #: 3434006

    Nucular,

    Yes you are right about currency flucations and you need to factor this into the equation. Mid last year A$1 was 82c US on av. We now see it hovering in between 92-94c. However, price of oil has increased well in excess of this $ increase and prodn costs are still in US$.

    Cheers
    AED Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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