The company website contains a report that was done by a person connected to Montgomery - if it was wring I assume they would have not connected a link.
herewith an extract re the exchange rate:
"• But what would the impact on Paragon be if the AUD were to fall? Firstly, the company hedges their exposure over a 12 month period and for the delivery of major contracts known ahead of time. Secondly, around 30% of the company's revenue is derived from Australian made products, acting as a natural hedge for the company. And if we are to consider the potential impact of a falling AUD on Paragon, as an importer of premium products, we must also consider the upside if the AUD were to continue its current uptrend."
If needed speak to company they are always more than accommodating.
PGC Price at posting:
31.5¢ Sentiment: None Disclosure: Held
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