Ann: MV Ocean Outback Update, page-24

Agree, but I might overestimate the negative effect on NPAT, since realised FX loss is tax deductible. So mark it down to $6.3m ($9m*30%), statutory NPAT would still be positive with $2.6m, not too bad, have some negative impact on dividend though.

Hope the impact of net FX movment would be positive after the debt is paid off.

Hey guys, find an exciting good news for WLD.

According the below news published 3 days ago, the import permit for indonesia for the quarter ending Mar 2016 is 200,000, the same as quarter ended Dec 2015. Note that the Sep 2015 quarter is only 50,000.

http://www.abc.net.au/news/2016-01-05/indonesia-live-export-change-permits-2016/7067986

See page 106 of prospectus for trading update on Q1 and the implication of increased import permit of indonesia on WLD business. Hoep they can upgrade their sale guidance soon.