Hello Everyone,
The problem for THR and many other and many other Australian companies geared to Overseas Markets the relatively High Australian Dollar Value.
The Market Makers of the A.S.X. have hit these Companies extra Hard recently. Take BXB,NWS,PPX,MGW,MBL,etc. as examples.
I feel the Reserve Bank of Australia is presently Not Selling the Australian Dollar on the F.X. Exchanges so as to protect the Present Australian Government from Imported Inflation particularly Petrol Prices.
THR has been over hit by the A.S.X .Market Today because the Australian Dollar impacts on Exports and Deals like THR's linked to Exports.
Our Australian Dollar seems to be approx. 10% overvalued overvalued. 75 to 77 Cents is a more realistic Valve to keep Australia Competitive on the International Scene.
The present High Australian Dollar Value is Crazy and borders on Political Interference by The Reserve Bank of Australia.
No responsability taken for any losses in association with this Posting.
Good Luck to all THR holders,
moly
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.397M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2054000 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1162547 | 5 |
View Market Depth
| Last trade - 16.21pm 14/07/2025 (20 minute delay) ? |
| THR (ASX) Chart |
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