Would be interested to get your thoughts on this Risk from the 2017 Financial Report:
"• Foreign exchange rate fluctuations – The Group may be affected by a change in the value of currencies, in particular a strengthening of the Australian dollar, which may impact both transaction turnover and reported earnings. The Group continues to increase its geographic footprint and therefore the diversity of its currency flows in order to mitigate the impact of any one currency’s fluctuation."
AUD/USD has steadily increased in value since 30 June.
2017 FY results, page-5
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Last
$1.39 |
Change
-0.010(0.72%) |
Mkt cap ! $331.1M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.41 | $1.38 | $194.1K | 140.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 208 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 3008 | 14 |
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| Last trade - 14.52pm 04/11/2024 (20 minute delay) ? |
| OFX (ASX) Chart |