illegal shorting still happening, page-4

With the move over the past few days i worked out last night off their results that at current levels of AUD/GBP their EBIT will be up by 20%!!!

Just goes to show, that last two days stupid 20 cent sell down was on nothing more than panic, sell first and think later.

This currency move has been huge as far as IBA's earnings go. The FY09 guidance they had was based on 2.17 that is now about 2.6!, big upside to IBA's earnings based on that, not to forget even the Lorenzo annoucement put out last week and all other positive developments