Okay, so we didnt get that bounce once the ASX 300 holders departed. But I do like the look of the current FX rates with Euro, Pound and USD. Everytime the aussie dollar depreciates against these currencies it increases our FX profitability.
Given we still hold that FX Option, if the currency keeps moving downward we may be writing back a large amount as profit on FX movement.
Clearly the market still doesnt like this company, but hey, the market is going to hate every company today given the massive drops overnight.
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