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Not sure if anyone else has pointed this out but freight portion...

  1. Kornflake
    3 Posts.
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    16/04/09
    21:37
    Post #: 5020284
    Not sure if anyone else has pointed this out but freight portion of OPEX was determined using June 2008 oil price which was around 130USD. So it is possible that OPEX could significantly lower if oil price does not move much from the current price of 50USD by Q1-Q2 2010.
    AEV Price at posting: 48.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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