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0.00% 16.5¢ sundance energy australia limited

Can we keep this SEA thread open post redom ?, page-28

  1. tt2000
    4,779 Posts.
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    18/11/19
    23:00
    Post #: 41494765
    For each 100 shares in AUD you get 1 share in USD

    100 shares was worth $16.50 AUD, but this is now only worth 1 share in USD

    So assuming 1 AUD = 1/1.40 USD

    $16.50 / 1.40 = $11.78 USD

    Basically whatever your breakeven price was in AUD

    Divide it by 100, then divide it again by roughly 1.4 (or the spot forex rate). This will be your new breakeven price
    SEA Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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