big breakthrough, page-6

- -Judging by annual report I think the dropping aussie may take the fire out of earnings DYOR!!- -
Earnings in US$ converted to A$ will in fact increase as the A$ falls against the US$.
I plain language they will ‘buy’ more A$ as the US$ become stronger against the A$.

- -Seem reliant on American manufacturing.- -
So what ?
CST has a revenue stream in US$ and will pay US expenses from that pool before ‘migrating’ all, part of or none of the profit back to OZ.
These are all book entries anyway.

Sorry mate. Don’t follow the logic here.
Please correct me if I got this ‘upside down’
Which part of the annual report are you referring to ?