LVT 0.00% 0.6¢ livetiles limited

@Vmk Research Not sure this addresses LVT's situation. LVT as...

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    @Vmk Research Not sure this addresses LVT's situation. LVT as $AUD funded (by CR). They are net short USD and long AUD. They are not profitable and have to sell AUD for USD to pay their bills in the U.S.. (Let's assume EUR is a wash for simplicity as both acquisitions were at near 0 EBITDA).
    LVT has to decide when to sell AUD for USD, either as they go (spot), or forward (monthly per a budget). Either way they face currency risk. You seem to be suggesting they deal spot and take the currency risk. The conventional approach to this situation is to hedge with a layered approach (to take account of forecasting error) to provide budget certainty.
 
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