Holders would know about the link between the rising AUD and Coffey. From this article (sorry- unable to be read if you're not a member, but you can get a two week free trial):
... it says that about 25% of Coffey's business is in USD contracts in trhe Middle East and US aid projects. The rising AUD is a bit rubbish for many of our Aus companies working elsewhere in USD's, I reckon. Having said that, companies operate in the climate they operate in, so Coffey will just have to give the market other good news to compensate.
COF Price at posting:
61.8¢ Sentiment: None Disclosure: Not Held