IIF
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0.00% 53.5¢ ing industrial fund

Don't underestimate the effect that the collapsing USD will have...

  1. dharry
    2,762 Posts.
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    01/06/09
    10:56
    Post #: 5226484
    Don't underestimate the effect that the collapsing USD will have on their gearing. The strengthening USD killed them last year, but thanks to the corrupt policies of the US the rising AUD could now get them out of jail. I just hope they didn't do anything stupid with derivatives in the meantime.
    IIF Price at posting: 24.8¢ Sentiment: LT Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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