"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
$42.62 |
Change
0.290(0.69%) |
Mkt cap ! $3.508B |
Open | High | Low | Value | Volume |
$42.81 | $43.06 | $42.48 | $6.659M | 155.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1098 | $42.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$42.81 | 63 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1098 | 42.610 |
1 | 978 | 42.590 |
1 | 572 | 42.550 |
4 | 1589 | 42.520 |
1 | 572 | 42.490 |
Price($) | Vol. | No. |
---|---|---|
42.810 | 63 | 1 |
42.880 | 526 | 2 |
43.040 | 978 | 1 |
43.080 | 23 | 1 |
43.100 | 404 | 1 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
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