does anyone have any thoughts, as behind the AUS/US exchange rate, which would motivate them to sell now?
Lets say they sell ASX listed script, in AU. Then convert, pretty much at parity.
One might take a view, that if, as per murphys law, we await the next greece, or perhaps libya,,etc, the old save haven US dollar, would see the AU sold down. in which case, someone sitting over in the USA wanting to get their buck out of an AU listed stock, would want to act sooner rather than later??
I wander, if that may be behind the rebalancing of the majors as well.
i'm no currency expert, so appreciate any learned opinion as to that theory?
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Last
66.5¢ |
Change
-0.005(0.75%) |
Mkt cap ! $151.3M | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 67.0¢ | 66.5¢ | $60.98K | 91.02K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23882 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 172 | 1 |
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| Last trade - 15.59pm 16/07/2025 (20 minute delay) ? |
| NDO (ASX) Chart |