Thanks to the US dollars behaviour, we are now hedgin very well against a lessening GAS price.
The more the AUDollar comes down in relation to the US, the more it translates as a greater profit when our earnings hit Australian shores.
We are at around 95.5US cents as we speak.
That means we have earned approximately 5% more profit than we did when the dollar was at 97.5cents last week.
Aussie Dollare...Come on down.
cheers.
