AUO austral coal limited

I'm in AUO for the long term but the result was poor. As I...

  1. markf17
    288 Posts.
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    21/03/04
    16:30
    Post #: 418071
    I'm in AUO for the long term but the result was poor.

    As I understand it they booked the $5.6m unrealised gain on foriegn exchange contracts as part of last years earnings but they still managed only a $4m profit. Without the fx gain they would have showed a loss of around $1m.
    AUO Price at posting: 0.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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