YOW 0.00% 2.5¢ yowie group ltd

A low Aussie dollar when you are losing money in USD is not a...

  1. 9,516 Posts.
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    A low Aussie dollar when you are losing money in USD is not a good thing!!!! 6 Million USD is at current rate less than they need to cover expenses

    It is a good thing in the long term if they can achieve a turnover and profit that can be returned to aud.

    A low AUD means the money raised in AUD unless hedged or converted is devaluing.
 
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