Hello revered and exalted knowledgable ones, and to you fellow...

Hello revered and exalted knowledgable ones, and to you fellow bottom dwellers, and all those in between.

I don't pretend to undestand the full ramifications of USD hedges, effect on CER's current SP, and ongoing valuations and taxable income. I am thankful to defab, coptop, nursery and others for the superb commentary and evaluation. It is one of the reasons I continue to add to my holdings when I can.

For me what question does remain unanswered, like a phone that rings incessantly in the edges of my consciousness, and .... a lingering doubt that picks and smirks at the edges of my comfort :) (been reading strange books recently).... why the market has not responded to an appreciating AUS$ if I am assuming those "who know" know all that we discuss and read here.

I hope my question is apparent.