Codan Secures Major Order, page-6

I am overseas. The devaluation of the AUD to the USD was a tremendous hit from 0.95 to 0.73 approximately. I believe with all the expenses that CDA has had over the past year and the price of gold not strengthening, etc. etc. and these past couple of weeks, China, it will be hard to post positive numbers.
I am trading with AUD so the exchange rate does not help at all...a lower AUD is good for selling products which appear to be cheaper if sold with another currency (USD for example), but not for the shareholder that wants to convert the sale of the stock from AUD to USD.
I was able to make some money with FMG over the past month after selling half of my position in CDA at $1.16 AUD but I really wanted to make money with CDA. I hope that my other half will pay out nicely. I keep my fingers crossed but I knew some of the people who are currently in the management team and key part of that team must change.
I hope to get my money back starting tomorrow...It will be really nice to see some nice volume on the upside and then maintain its position as it goes up.