The impact of a lower AUS dollar....
" BHP Billiton Limited (ASX: BHP) has estimated that each one cent change in the AUD/USD exchange rate has a $100 million impact on net profits."
This may help off set the lower iron ore prices, but im guessing the chart knows better.
http://www.********.au/2014/07/29/4-top-stocks-to-profit-from-a-lower-australian-dollar/
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13 | 7306 | 38.950 |
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Price($) | Vol. | No. |
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38.990 | 3832 | 8 |
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