well some of their cost base is in USD.....their production facility in the US (fixed costs & wages) and you can assume that a decent share of the raw materials are also not sourced from Aus (and/or in AUD)
Having said that, if their margin is constant YoY and they generated $USD10 last year vs this year than yes certainly FX will be a benefit, but realistically the business has done nothing to generate this and it could easily reverse very quickly in the current period
well some of their cost base is in USD.....their production...
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Last
13.0¢ |
Change
0.005(4.00%) |
Mkt cap ! $13.34M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.0¢ | $1.176K | 9.383K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32417 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 44770 | 2 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| HCL (ASX) Chart |