MERUS LABS INTERNATIONAL INC T.MSL

the rise in the can dollar

[peter75]

and the devaluing of the euro is a headwind

[curiousbuild]

You really don't believe a micro-cap stock will trade based on Forex do you?  CB 

[peter75]

obviously you did not read the companies earning release august 10 th Over a million dollars was lost on the can to euro spread do some work and you will see

[curiousbuild]

There is no point of focusing on forex as nobody knows where it will go, especially daily rate changes.. plus, forex rates may remain same for years to come, let alone quarter or two..  Company's execution is more important than forex to me..  CB 

[peter75]

Cb ! Why bother asking a question , you seem to answer your own question fx is as important as maintaining a certain margin percentage let me put it in simple terms so that you understand if the can dollar dollar falls Ten percent vs the euro based on ten million in sales Msl would add one million to its quarters bottom line if the can dollar rose ten percent against the euro the cost against