EXT 0.00% 0.9¢ excite technology services ltd

exchange rate to put downward pressure on sp

  1. 798 Posts.
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    Several articles have recently highlighted the rise of the A$, with higher than A$1=US$1 now being expected.

    http://www.theaustralian.news.com.au/business/story/0,28124,26220338-643,00.html

    The consequences of this on the EXT share price has yet to be felt. An example of how the share price would change with exchange rate is given below, using a share price of A$10.00 and an exchange rate of A$1.00 = US$0.90 as a starting point. The US$/lb is also calculated at current resource level of 292.5 Mlb, and share numbers on a fully diluted basis.

    Exch......SP A$......US$/lb
    $0.90.....$10.00......$7.49
    $0.92......$9.78......$7.49
    $0.94......$9.57......$7.49
    $0.96......$9.38......$7.49
    $0.98......$9.18......$7.49
    $1.00......$9.00......$7.49
    $1.02......$8.82......$7.49
    $1.04......$8.65......$7.49
    $1.06......$8.49......$7.49
    $1.08......$8.33......$7.49
    $1.10......$8.18......$7.49

 
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