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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Murchison Utd | LSE:MUU | London | Ordinary Share | AU000000FTE4 | NPV |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.00 | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number:4300I
Murchison United NL
07 March 2003
ASX, AIM and Media Release
7 March 2003
MURCHISON CLOSES OUT CURRENCY HEDGING
_____________________________________________________________________
Murchison United NL ("Murchison" or "the Company") (ASX: MUR, AIM: MUU) today
announced that it has closed out its currency hedging positions with Westpac
Banking Corporation during the week at an effective rate of 61.76 cents.
The monies held on deposit by the Company with Westpac were used in part
settlement of the transaction.
Managing Director Paul Atherley commented: "The close of out the currency
hedging is a very important step in the Company's rebuilding plans as it removes
a significant liability which has been a severe constraint over the past 2
years."
For further information please contact:
Paul Atherley, Managing Director
Murchison United NL
Telephone: +618 9321 7448
Facsimile: +618 9321 7747
Email: patherley@munl.com.au
This information is provided by RNS
The company news service from the London Stock Exchange
END
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