ANE auspine limited

They issued a profit downgrade. But watch the aussie dollar....

  1. 1,331 Posts.
    They issued a profit downgrade. But watch the aussie dollar. They made specific reference to having trouble competing with imports. The dollar is dropping (or so the experts are forecasting) which will be beneficial for exporting. GNS and ANE are quite different. One hardwood, one soft. One frames, one more woodchip. I don't own GNS but I believe any falling in the dollar/yen rates would be good for both.
 
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