AUD has hit 12 month low $0.7651
In terms of IO prices and exports unlike TutTutTut (dribbler) assumes, falling dollar is beneficial.
FMG as per their report for every $0.01 cents declkine in AUD they benefit by $0.25-$035 mt.
When they reported AUD/USD was above $0.80, a $0.03-$0.04 decline adds $1.00mt margin
16.0mt @$1.00 = $160.0m basically half the overall interest annual interest bill
AUD has hit 12 month low $0.7651 In terms of IO prices and...
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Last
$16.20 |
Change
0.080(0.50%) |
Mkt cap ! $49.87B | |||
| Open | High | Low | Value | Volume |
| $15.98 | $16.34 | $15.91 | $139.5M | 8.619M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 70232 | $16.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.20 | 830 | 1 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |