MIX
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0.00% 21.7¢ mirvac industrial trust

currency effect, page-2

  1. anthony75
    2,502 Posts.
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    08/02/13
    18:57
    Post #: 11398432
    Indeed VMan.

    From what I remember MIX do not have currency hedging, which I think is a good thing (because I, like many, think the AUD is too strong).

    So, a decrease in the AUD vs USD = more earnings in AUD (which are originally USD).

    I'm looking forward to the half-yearly update from MIX later this month.
    MIX Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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