AVA 0.00% 10.5¢ ava risk group limited

Aussie dollar dropping ...makes all USD contracts worth more.....

  1. 1,912 Posts.
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    Aussie dollar dropping ...makes all USD contracts worth more.. and we have a lot of them
    Logistics division is predominately precious metals.............. namely gold that is jumping.

    locked in revenue usd based.

    And 50% exposure plus or minus to gold movements......

    An unheralded 30 cent stock

    I cant fault management at this rate...in simplistic terms. Delivery of high margin contracts ignored by the market.

    It's a joke
 
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