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My understanding is that as the AUD declines in value against...

  1. SeasofSand
    32 Posts.
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    28/08/23
    13:35
    Post #: 69588442
    My understanding is that as the AUD declines in value against the USD (which has been the case in the past month or so), MNB's profit margins will increase for Aussie shareholders. This is because MNB's products are priced in terms of USD. Chuk may want to chime in and correct me if I am wrong. Cheers, SoS
    MNB Price at posting: 11.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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