You ask an interesting question. PDN reports in $USD and because they do not pay a dividend the short the answer is the will be minimal material change.
If you are interested in playing the currency game then you should be looking at local companies that report in $AUS and are global players like BXB etc
The primary driver for PDN is sales revenue. FYI just prior to Fukushima the share price was over $5.00, the $AUS was around 1.08. Now with Japan kick starting again the share price is around 94c. So there is an opportunity but not becuase of currency.
does a lower aud make pdn better value, page-2
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Last
$11.43 |
Change
0.090(0.79%) |
Mkt cap ! $3.417B | |||
| Open | High | Low | Value | Volume |
| $11.35 | $11.58 | $11.16 | $24.03M | 2.107M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 164 | $11.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.45 | 6746 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |