See my comments here:
http://boards.fool.co.uk/Message.asp?mid=11530756&sort=whole#11530771
GBP up 0.5p in London....closed at 11.11-11.44 on the touch.....which is 23.04-23.72 in Aussie terms
Which is why stock is being lifted out of the Aussie market and sold into London, given that your offered side was 22.5 at the close yesterday.
ee
See my comments...
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