ARH 0.00% 0.5¢ australasian resources limited

cp on bbc tv, page-20

  1. 350 Posts.
    Unfortunately each time the AUD bounds higher (or rather the USD tanks) it must make the decision to invest in OZ slightly less attractive.

    If we were back at 0.75 a deal would have been hoovered up by now but at 1.07 this will be tough for investors to swallow. There is still a deal here though but given Clive is 66% shareholder and he will not give it away - we are captive to his preferred timing and price.
 
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