something doesnt look right .. think you should be dividing rather than multiplying the exchange rate when converting US$ to A$ … at 0.70 fx it means A$1 = US$ 0.70 or US$1 = A$ 1.42857hence at 0.73 FX rate, we get less A$ for our US$ ie US$1 = A$ 1.36986 so higher A$ rate gives us less profit if our revenue is in US$
China, page-25
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.25 |
Change
0.075(1.22%) |
Mkt cap ! $5.832B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.26 | $6.22 | $6.152M | 960.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 8622 | $6.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.25 | 25216 | 21 |
View Market Depth
| Last trade - 12.06pm 16/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |