Hi everyone Taking a look at the state of the AUD against the...

Hi everyone

Taking a look at the state of the AUD against the USD over the last few years.

As Antaria gets paid in USD in that market, the fall in the AUD gives direct benefit to additional profitability.

Antaria has reported it is confident that it will return to "pre FY14 sales of ZinClear in USA". Given Antaria was profitable in FY14 despite the lower than expected USA revenue from DOW de-stocking, what impact will the return (arguably, the increase due to better pricing terms) of ZinClear USA revenues combined with the significant fall in the AUD have?

I think it's a good time to be exporting. Analysts expect the AUD/USD to test 80c soon, 70c is not out of the question.