LAKings,
For God's sake, the exchange rate is already factored in.
You will find, if you do the calculations properly, that the OZ and US prices generally track pretty closely when you take the exchange rate into account.
The big cost is switching between ASX, NASDAQ and vice versa through the depository bank. The bank takes a good chunk.
Markets are smart enough, in the vast majority of cases, to factor in exchange rate.
Bill
- Forums
- ASX - By Stock
- Dragon will fly
LAKings, For God's sake, the exchange rate is already factored...
-
-
- There are more pages in this discussion • 67 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
TLX
Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some