Yes your right it has little effect OOO as it can go either way but I'm not sure if they are hedging, I haven't checked the fine print but I see they booked a gain of $2.1 mil in the Dec quarter and a loss of $2.2 mil in the March quarter so it panned out just fine regardless....
Cheers Whisky
Is Cath in London? And if so, why?, page-31
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