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Re: [sharechat] The 'BIL International' equation

From:	"tennyson@caverock.net.nz" <tennyson@caverock.net.nz>
Date:	Sat, 3 Aug 2002 18:14:46 +0000


Typographical Correction Only Follows


>
>
>Using the conversion rate  of $US1= $NZ0.5106 
>(the exchange rate on balance sheet date) this
> gives the BIL stake in BSO a book value of $135m. 
>
>


Oops my typing got a little careless.  The above should read


"Using the conversion rate  of $US1= $A0.5106 
(the exchange rate on balance sheet date) this
 gives the BIL stake in BSO a book value of $A135m". 


>
> 
>That works out at$A3.38 per unit.
>
>

The above conclusion is still correct though.

SNOOPY


  
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References

Re: [sharechat] The 'BIL International' equation Lindley Smith
Re: [sharechat] The 'BIL International' equation tennyson@caverock.net.nz

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