Others might know offhand, and I'd be interested to know, how much the company is hedged against currency movements. Unless there has been a change, sales are in $US. $A is down about 10% compared to this time last year. From memory, years ago the company did not currency hedge at all and if $A dropped against $USD this boosted the bottom line accordingly and vice versa as per the dated link. I think today they may partially hedge, not certain, regards
https://www.theage.com.au/business/strong-dollar-hits-iluka-earnings-20070718-ge5dme.html
Double Bottom Alert, page-6
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Last
$5.68 |
Change
0.080(1.43%) |
Mkt cap ! $2.419B | |||
| Open | High | Low | Value | Volume |
| $5.62 | $5.68 | $5.59 | $1.987M | 352.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 4907 | $5.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.68 | 7413 | 14 |
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| Last trade - 11.20am 19/11/2024 (20 minute delay) ? |
| ILU (ASX) Chart |