“Which in turn will mean that the Aussie dollar will remain very strong.I see no reason why FMG will suffer as a result.”
Maryboy,
I agree with most of what you posted, however a strong AUD is not good for any Aussie company that exports and if they are paid in USD it’s worse.
The AUD move up from 75 US cents to 80 US cents will impact FMG’s revenue by more than 6%. On $9 Billion, that’s a potential $540 Million drop.
Flip
FMG - 2021 Interim Dividend, page-453
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Last
$19.41 |
Change
0.420(2.21%) |
Mkt cap ! $59.76B | |||
| Open | High | Low | Value | Volume |
| $19.19 | $19.55 | $19.10 | $98.59M | 5.097M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 32185 | $19.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.43 | 946 | 2 |
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| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |