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  1. Wild Bill
    1,190 Posts.
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    15/09/12
    15:26
    Post #: 10724362
    Actually more to the point, given 75% of Paperlinx revenue is from the combination if Europe, UK and Ireland, and given the US operation has been sold off, the exchange rate to the AUD to GBP and the
    Euro is what counts.

    It is such an important factor as paper margins are so small, and exchange rate "margins" move fairly quickly. The last 3 years has seen a strong AUD which us not in favour of Paperlinx.
    Paperlinx Australian revenue is only 15% of total revenue.
    SRS Price at posting: 5.9¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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