....and what will you achieve with that knowledge? FMG would be covering their currency exposures with each shipment so that the income from the sale can be converted to pay the local expenses. Be also aware large companies like FMG would also forward cover when the currency is down. You wanting to know the margin increase by fall in the currency will not be a major factor because you have no idea when they covered the AUD and most importantly how much.
Iron ore price, page-34210
-
- There are more pages in this discussion • 18,529 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$21.67 |
Change
0.410(1.93%) |
Mkt cap ! $66.72B | |||
| Open | High | Low | Value | Volume |
| $21.58 | $21.67 | $21.22 | $133.3M | 6.196M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 80000 | $21.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.67 | 44058 | 5 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |