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.
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