LYC 0.97% $6.23 lynas rare earths limited

something doesnt look right .. think you should be dividing...

  1. 289 Posts.
    lightbulb Created with Sketch. 80
    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$
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.23
Change
0.060(0.97%)
Mkt cap ! $5.767B
Open High Low Value Volume
$6.25 $6.26 $6.22 $4.471M 690.6K

Buyers (Bids)

No. Vol. Price($)
9 2098 $6.23
 

Sellers (Offers)

Price($) Vol. No.
$6.24 7866 14
View Market Depth
Last trade - 10.25am 16/08/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.