ADN 5.88% 1.6¢ andromeda metals limited

@szopen Here is something else to munch onAUD against USD for...

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    @szopen Here is something else to munch on
    https://hotcopper.com.au/data/attachments/5568/5568494-3a8aa1ad349685fbf4cacdc6acc05b1a.jpg
    AUD against USD for last ~10 years roughly.

    AUD in DFS 2022 was 0.74. AUD in DFS 2023 was 0.675. Today it is 0.63661

    Analyst are predicting mid 50s.

    At todays price we are already 6% better off in revenue.

    I do acknowledge that AUD may go the other way as well, however I know a thing about two about this, and it looks highly unlikely.

    ohh.. and if we sell in EUR instead, it is the same thing.

    Surely you can see that 1A will work, and 1B will be the turning point.
    Last edited by SignOfTheTimes: 07/09/23
 
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