Yup - al1 is quite correct. Paladin's contracts are all in US dollars, so the value of the local currency is irrelevant as far as that goes.
Costs, in local currency, will be to Paladin's advantage, as they will get more kwatchas for every dollar (US or Aussie dollar) they have to put in.
So - the costs will be cheaper, while the return on sales will be the same.
malawi, page-5
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Last
$9.13 |
Change
-0.070(0.76%) |
Mkt cap ! $2.730B | |||
| Open | High | Low | Value | Volume |
| $9.31 | $9.35 | $9.07 | $21.17M | 2.318M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14 | $9.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.14 | 2442 | 2 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |