$34.4 is the exact conversion.The Aussie price is very likely to follow the CDI, they are both very actively traded and it was traded during the sell off.
I wouldn't be surprised if it even finished much stronger. Going to have a flight to quality defensive and that's RMD, consistent with what @madamswer posted a few back. Quality healthcares stocks usually do well during periods such as this, and the PE's can get pretty stretched. Combine that with the natural USD hedge and it's a great stock to hold in my view.
The Aussie price is very likely to follow the CDI, they are both...
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Last
$37.39 |
Change
0.390(1.05%) |
Mkt cap ! $22.84B | |||
| Open | High | Low | Value | Volume |
| $37.30 | $37.39 | $37.07 | $9.729M | 260.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 44 | $37.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.39 | 2573 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RMD (ASX) Chart |