MAE marion energy limited
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aud exchange rate

  1. kiwikarlos
    1,451 Posts.
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    04/05/11
    07:55
    Post #: 8349419
    A factor I think also needs to be considered in the MAE story int eh AUD / USD exchange rate. In the last few months the exchange rate has changed 20%.

    Given they earn all revenue in USD and any potential sale would be in USD that would presumably mean a 20% reduction in both revenue and any sale value?

    On the flip side any proceeds from raisings here are worth more USD terms.

    MAE Price at posting: 2.1¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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