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Artaflex Inc V.ATF



TSXV:ATF - Post by User

Comment by jackbnimbleon Oct 10, 2009 5:30pm
161 Views
Post# 16379980

RE: RE: RE: RE: RE: 9 cents look very suspicious t

RE: RE: RE: RE: RE: 9 cents look very suspicious tMusing: re headwinds, the cdn dollar is still trading at a discount to the US$ and the US$ does not seem to have been too much of a problem for companies like IEC and LB, both of whom have all their operations in the US in US$.

What about the San Jose plant that ATQ bought. What was the strategy behind that given that its sales and all expenses are presumably in US$.

Also why is the company continuing to report in Cdn$ if some of their sales and expenses are in US$? There are many Cdn companies with substantial US exposure operating in Canada that report officially in US$. To name a few: Magna, Zarlink, SMTC, Celestica... Why have the dollar volatility tail wag the dog at the end of each quarter.

Not avoiding...just thought you might have figured this out on your own!
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