Let’s illustrate using good old reality:
LG Energy Solution invested US$250 million in Liontown Resources through convertible notes.
At the time of the investment, the exchange rate was approximately 1 USD = 1.516 AUD, making the investment equivalent to about A$379 million
Given the current exchange rate c. 1 USD = 1.61 AUD, the US$250 million investment would now be equivalent to approximately A$403 million
A c.$24 Million AUD increase - in < 6 months.
Cheers
DYOR IMO
Let’s illustrate using good old reality:LG Energy Solution...
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Last
65.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.591B | |||
| Open | High | Low | Value | Volume |
| 65.0¢ | 66.5¢ | 63.0¢ | $4.280M | 6.557M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14004 | 65.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 66.0¢ | 252083 | 11 |
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| Last trade - 16.16pm 23/06/2025 (20 minute delay) ? |
| LTR (ASX) Chart |