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Old 19.07.2016, 21:30
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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Softbank are paying in UK pounds which they are buying with Japanese yen
The price is still roughly 40% higher than a few weeks ago in yen, you claimed the currency fall negated any premium they paid which is totally false, really surprised you made the post TBH.
You must also realise the earnings in yen are hardly influenced by the as the has little relevance to their earnings of ARM. Rather like Nestle which only makes 2% of it's profits in CHF......... Nestle is just traded in CHF so foreign investors can ignore the CHF in their investment decisions.
London stock exchange is second only to New York, no requirement to have any trading connection with the UK.
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