Yeah I continue to hold. At $1.70 PE is under 11, ROE is >20%, $10m cash in the bank etc.
The lower AUD will benefit in time. Sounds like they hedge the AUD/USD exposure for each contract. Therefore over time as old contracts roll off and new ones are entered into they should start to benefit in a meaningful way.
Ann: Full Year Statutory Accounts , page-3
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)