The kicker in this conversation is the Aussie $. The JSF contracts aren't hedged. The lower the Aussie goes, the higher the profits. The contracts were set when the dollar was near parity. Big difference today, and that will be reflected in profit margin. The JSF programme is also ramping up. Early days for all contractors means limited orders. Set up costs have already been spent. Ramp up means they start achieving economies of scale. A win for Quickstep on both fronts.
The kicker in this conversation is the Aussie $. The JSF...
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Last
40.0¢ |
Change
-0.010(2.44%) |
Mkt cap ! $28.69M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.3¢ | 40.0¢ | $49.13K | 120.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 72315 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 20300 | 2 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| QHL (ASX) Chart |