LHC lifehealthcare group limited

Impact of lower Australian dollar

  1. 1,346 Posts.
    lightbulb Created with Sketch. 10
    Stock is trading ex-div now and some were buying with a 7.5c dividend. For whoever bought it at $2.25 that's basically the same as under $2.20 today. The share price is therefore essentially up 10% on no news.

    This company benefits from a high Australian dollar and the Australian dollar is falling.

    To my mind this is unfortunate because the company can't control that. However, they are obviously mindful of this.

    I'm hesitant to speculate about currency fluctuations but generally this still worries me.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.