"Demonstrably, zero correlation."
Yet ARB's managers themselves have consistently highlighted the effect the AUDTHB has on profit margins.
4 Feb 2020 market update:
"Based on unaudited management accounts, ARB expects to report a reduction in net profit after tax of around 7.4%. As previously indicated, the result reflects the significant strengthening of the Thai baht which has caused an increase in the Company’s costs on a range of products manufactured in ARB’s Thai factories."
Yes take your point on shareholder value not linked to short term price fluctuations. Was a foolish connection by myself. Thank you for pointing that out.
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Last
$38.47 |
Change
0.270(0.71%) |
Mkt cap ! $3.167B |
Open | High | Low | Value | Volume |
$38.20 | $38.54 | $38.06 | $3.753M | 97.67K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 152 | $38.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$38.48 | 121 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15 | 38.030 |
1 | 207 | 37.990 |
1 | 1 | 37.800 |
2 | 414 | 37.790 |
2 | 470 | 37.030 |
Price($) | Vol. | No. |
---|---|---|
36.030 | 319 | 1 |
36.660 | 35 | 1 |
38.470 | 1500 | 1 |
38.570 | 1 | 1 |
38.600 | 776 | 1 |
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