Foreign entities also have to consider unhedged FX exposure. Aussie mining companies benefit from a natural hedge of an Aussie dollar that in the past has correlated with materials prices.
The Aussie looks pretty sick at the moment. The double whammy being the interest rate differential to other Anglo speaking currencies.
Foreign entities also have to consider unhedged FX exposure....
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Last
28.0¢ |
Change
0.020(7.69%) |
Mkt cap ! $330.2M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 28.0¢ | 26.0¢ | $931.2K | 3.445M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15166 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 361149 | 9 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| MGX (ASX) Chart |