DVP 3.52% $2.35 develop global limited

There seems to be little discussion of the impact of a falling...

  1. 1,005 Posts.
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    There seems to be little discussion of the impact of a falling AUD on DVP. Some recent reports have painted a very bearish outlook for the AUD over the next 5 years, some talking sub USD 0.50 and even one saying USD 0.40 as possible, though I think the latter is too extreme.

    If the dollar did fall to USD 0.50 from its current USD 0.66 level and since commodities are traded in USD, then even with no change to commodity prices, the actual AUD return to DVP for exported commodities would be +32% purely due to the exchange rate.
 
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Last
$2.35
Change
0.080(3.52%)
Mkt cap ! $570.2M
Open High Low Value Volume
$2.30 $2.40 $2.28 $2.391M 1.016M

Buyers (Bids)

No. Vol. Price($)
1 1702 $2.35
 

Sellers (Offers)

Price($) Vol. No.
$2.37 15000 1
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Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
Last
$2.36
  Change
0.080 ( 4.08 %)
Open High Low Volume
$2.29 $2.39 $2.29 418573
Last updated 15.59pm 26/04/2024 ?
DVP (ASX) Chart
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