This issue about currency impacts. Indeed for reporting/accounting purposes Isoft have to convert back in $Oz... but that is only a paper exercise, there is no real cash being converted... the only real cash impact I can see is when they need to repatriate overseas revenue to say pay a dividend in Oz or paying corporate costs here... but I assume that would be covered by any revenue generated domestically.
As for green shoots, look no further than the US. Yes, its highly competitive & major revenue is probably 1 or 2 yrs down the track.... but there you go...
ISF Price at posting:
50.0¢ Sentiment: LT Buy Disclosure: Held
