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Old 02-09-2015, 11:14 PM
Peter Ward's Avatar
Peter Ward
Galaxy hitchhiking guide

Peter Ward is offline
 
Join Date: Dec 2007
Location: The Shire
Posts: 8,483
I disagree.

The ASX all-ords will be back around 5900 by years end.

Many Oz stocks are already paying 6-8% fully franked......it won't take long for the market to realize the $A is oversold and there is intrinsic value in many Oz companies.

I suspect the current manipulation of the $A is to get these assets even cheaper.
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