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
Others might know offhand, and I'd be interested to know, how...
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Last
$5.59 |
Change
-0.015(0.27%) |
Mkt cap ! $2.419B | |||
| Open | High | Low | Value | Volume |
| $5.62 | $5.69 | $5.55 | $4.382M | 780.5K |
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| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1193 | $5.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.59 | 5383 | 19 |
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| Last trade - 13.22pm 19/11/2024 (20 minute delay) ? |
| ILU (ASX) Chart |