AUD has hit 12 month low $0.7651
In terms of IO prices and exports unlike TutTutTut (dribbler) assumes, falling dollar is beneficial.
FMG as per their report for every $0.01 cents declkine in AUD they benefit by $0.25-$035 mt.
When they reported AUD/USD was above $0.80, a $0.03-$0.04 decline adds $1.00mt margin
16.0mt @$1.00 = $160.0m basically half the overall interest annual interest bill
Debt, page-128
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Last
$18.75 |
Change
-0.240(1.26%) |
Mkt cap ! $57.73B | |||
| Open | High | Low | Value | Volume |
| $18.53 | $18.75 | $18.44 | $216.3M | 11.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1990 | $18.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.76 | 47022 | 3 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |