Based on this info we may as well just say that every single Aust based company is going to trend down due to the AUD strengthening. Obviously that is not going to happen.
A strong AUD is not good for the Aussie economy so you can rest assured that the Aussie gov't will be doing whatever they can to keep it as low as possible to keep up demand for our exports.
If the AUD goes too high Australia will probably go into recession.
exchange rate to put downward pressure on sp, page-19
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $20.72M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.8¢ | $31.15K | 3.390M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1600000 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1109800 | 3 |
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| Last trade - 15.23pm 27/06/2025 (20 minute delay) ? |
| EXT (ASX) Chart |