All true. Just that bank orders/hedge funds for buy on AUD is around 60-65c on the AUD/USD. This will contribute to the rebound in FAR in expected value. We're on a continued downtrend till that kicks in. Bank orders can change based on China situation.
Laza,
I too agree the AUD is doomed, but wouldn't this be a blessing for FAR?
i.e our income is effectively going to be against USD?, also it makes FAR cheaper to offshore investors?
All true. Just that bank orders/hedge funds for buy on AUD is...
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
43.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.19M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.0¢ | 43.5¢ | $173.0K | 394.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 75664 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 15000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
44.0¢ |
Change
0.000 ( 1.15 %) |
||||
| Open | High | Low | Volume | ||
| 44.0¢ | 44.5¢ | 43.5¢ | 82596 | ||
| Last updated 15.10pm 03/05/2024 ? | |||||
| FAR (ASX) Chart |