Good post GC. I like the margin bit as well, along with the positive cash flow....
In regards to margins this is when they have the Aussi dollar at all time highs against the greenback and a large percentage of their sales are in USD which then has to be consolidated in AUD for reporting purposes. That means any fall in the AUD reports staight to the bottom line.
Bring on an 80 cent dollar !!
Ann: Market Update , page-22
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