crazy - my back of napkin math suggests pbnewby's number is about right
ie. think us debt is aorund $7bn of the 8.8bn net debt - that would make a 1c fall in AUD a 1.4% rise in interest cost. or about $100m
on the other hand, sales should also rise by 1.4%. which would probably generate an extra 20-30million in sales income.
so the net impact of a AUD fall is probably more like $70m - thats my best guess
AS for massive punt - no just a punt - depending where you buy it,
For me it is now a 'trading stock. Which means you can buy it below $4.50 for both short and long term - but with a tight stop.
But buying where it sits above $4.50 is buying in no mans land - just a huge sea of churn thats neither good price fo specualtive long term - nor smart positioning short term.
but that is just me
- Forums
- ASX - By Stock
- STO
- the counterintuitive trend tells me the market is in trouble
the counterintuitive trend tells me the market is in trouble, page-116
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STO (ASX) to my watchlist
|
|||||
Last
$7.81 |
Change
0.140(1.83%) |
Mkt cap ! $25.36B |
Open | High | Low | Value | Volume |
$7.80 | $7.82 | $7.76 | $53.77M | 6.831M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 43486 | $7.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.81 | 39967 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 43486 | 7.770 |
5 | 27396 | 7.760 |
5 | 119670 | 7.750 |
1 | 20403 | 7.740 |
1 | 49604 | 7.730 |
Price($) | Vol. | No. |
---|---|---|
7.810 | 38110 | 1 |
7.820 | 88987 | 13 |
7.830 | 81205 | 4 |
7.840 | 77831 | 5 |
7.850 | 24842 | 11 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
STO (ASX) Chart |