Ann: Arrium Limited - Full Year Results , page-21

Keep your eye on the AUD.

Given confirmation of improvements/performance in all three of ARI's divisions in the last report, consensus earnings per share for fy14 have been dragged kicking and screaming into the 20's, in some cases approaching 30. A falling AUD would be the greatest short term positive catalyst to cement those earnings prospects in my view, notwithstanding the other variables ARI has to deal with.

Is there a better way to play a falling AUD than ARI right now? And as of last night it's rolling over under 90c right at the moment the sp has stabilised somewhat post the results......