Hi guys,
I was hoping you could confirm (or correct) my understanding about exchange rate risk in a stock like this with exposure to international stocks.
Buying this stock benefits when AUD is high as our dollar goes further buying into the underlying assets. And similarly when selling, a lower AUD is beneficial when the proceeds buy back AUD?
Cheers
Rhys
interesting opportunity, page-4
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Last
$3.75 |
Change
0.020(0.54%) |
Mkt cap ! $2.184B | |||
| Open | High | Low | Value | Volume |
| $3.75 | $3.77 | $3.75 | $100.0K | 26.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2197 | $3.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.77 | 3512 | 3 |
View Market Depth
| Last trade - 11.01am 17/07/2024 (20 minute delay) ? |
| MFF (ASX) Chart |