Others might know offhand, and I'd be interested to know, how much the company is hedged against currency movements. Unless there has been a change, sales are in $US. $A is down about 10% compared to this time last year. From memory, years ago the company did not currency hedge at all and if $A dropped against $USD this boosted the bottom line accordingly and vice versa as per the dated link. I think today they may partially hedge, not certain, regards
https://www.theage.com.au/business/strong-dollar-hits-iluka-earnings-20070718-ge5dme.html
Double Bottom Alert, page-6
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Last
$5.66 |
Change
0.170(3.10%) |
Mkt cap ! $2.422B | |||
| Open | High | Low | Value | Volume |
| $5.62 | $5.67 | $5.56 | $14.96M | 2.589M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 9021 | $5.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.66 | 3996 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| ILU (ASX) Chart |