It is refreshing to see the AUD at US$1.06, but unfortunately that is still 8% higher than when Eden signed the deal, whereas the oil price is only up 1% in the same timeframe (and is in a downtrend).
The odds of the offer coming though are therefore slim (as the AMU market price is telling us). But still in with a chance I guess, albeit at long odds.
$aud now $1.058 usa - must be good for eden, page-3
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