"Demonstrably, zero correlation."
Yet ARB's managers themselves have consistently highlighted the effect the AUDTHB has on profit margins.
4 Feb 2020 market update:
"Based on unaudited management accounts, ARB expects to report a reduction in net profit after tax of around 7.4%. As previously indicated, the result reflects the significant strengthening of the Thai baht which has caused an increase in the Company’s costs on a range of products manufactured in ARB’s Thai factories."
Yes take your point on shareholder value not linked to short term price fluctuations. Was a foolish connection by myself. Thank you for pointing that out.
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$37.04 |
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Open | High | Low | Value | Volume |
$37.49 | $37.79 | $36.90 | $3.822M | 102.7K |
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No. | Vol. | Price($) |
---|---|---|
1 | 67 | $37.02 |
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Price($) | Vol. | No. |
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$37.05 | 194 | 1 |
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No. | Vol. | Price($) |
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1 | 67 | 37.020 |
1 | 414 | 36.920 |
3 | 768 | 36.890 |
1 | 1005 | 36.870 |
1 | 414 | 36.850 |
Price($) | Vol. | No. |
---|---|---|
37.100 | 354 | 2 |
37.120 | 414 | 1 |
37.160 | 414 | 2 |
37.190 | 414 | 1 |
37.230 | 414 | 1 |
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