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Key Point - OSH Shares trade in A$
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05-20-2016, 12:05 PM
Ultimtely we will be owners of OSH which trades in A$. The A$ is in the toilet right now Exchange rate is 1 A$ = 0.7234 US$
In the past the A$ was larger than the US$ What will happen to the A$ as Ol' Yeller and the FED raise interest rates? Will the A$ drop another 20%??
Drivel Maven with Personality
05-20-2016, 12:48 PM
What's involved in holding foreign shares? I suspect a lot of extra costs and taxes? 
05-20-2016, 12:54 PM
'Stavros' pid='69597' datel Wrote: I don't mind the Au$$ie being in the toilet now. Yeah, their NG industry and coal industries are taking it in the shorts right now...oh, maybe that is why we might be cautious short term. 
05-20-2016, 01:40 PM
If you been following AU LNG, you may have come upon a curious story. One project has diverted its off shore LNG natural gas to the domestic market.
Ok... you FX folks.. where do you find the "daily rate" for the US Treasury? AUD really?
05-20-2016, 10:03 PM
'Tusker' pid='69616' datel Wrote:If you been following AU LNG, you may have come upon a curious story. One project has diverted its off shore LNG natural gas to the domestic market. Ok... you FX folks.. where do you find the "daily rate" for the US Treasury? AUD really? |
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