"bigger because AUD has lost value against USD"
Blakesley's Post:
"Slightly bigger than last years contract as well $2.9m versus $2.6m AUD or 1.925M versus $1.775M USD"
AUD2.9 / AUD2.6 = 1.1154
USD1.925 / USD1.775 = 1.0845
USD1.925 / AUD2.9 = 0.6638
USD1.775 / AUD2.6 = 0.6827
(0.6638 - 0.6827) / 0.6827 = -0.0277
1.0845 / (1 - 0.0277) = 1.1154
So exchange rate is down approx 2.77% between the 2 announcements, while the USD contract value is up approx 8.45%, resulting in approx 11.54% increase in AUD terms.
The AUD has been range trading and is essentially flat against the USD over the last year:
https://www.xe.com/currencycharts/?from=AUD&to=USD&view=1Y
Will be interesting to see where it goes now with the Trump factor back in play.
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $18.16M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 0.9¢ | $105.8K | 10.55M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 4661559 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 4999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 4661559 | 0.009 |
31 | 11436721 | 0.008 |
9 | 1781571 | 0.007 |
4 | 867500 | 0.006 |
4 | 945000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 4999 | 1 |
0.011 | 5112552 | 12 |
0.012 | 1557192 | 12 |
0.013 | 3106327 | 7 |
0.014 | 2550000 | 3 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
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