@optimistus
The China label business is transacted in USD, I think at the wholesale level, meaning that the weakening NZD-USD negatively affects margins in that area of the business.
But as per your suggestion it can be offset to some extent by other FX fluctuations. David B mentioned last year that they were looking at buying currency to hedge against some of the uncertainty in FX rates.
@optimistusThe China label business is transacted in USD, I...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$7.93 |
Change
0.130(1.67%) |
Mkt cap ! $5.741B | |||
| Open | High | Low | Value | Volume |
| $7.87 | $7.99 | $7.71 | $17.74M | 2.261M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 111 | $7.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.96 | 3799 | 2 |
View Market Depth
| Last trade - 16.13pm 27/06/2025 (20 minute delay) ? |
| A2M (ASX) Chart |