AUD hovering around a 5 year low range so doing a deal like this in USD might be a wise move.
If the AUD appreciates over the next few years the interest payment will reduce.
I'd imagine this is a hedge as the business performs better if USD is lower but interest payments are higher and vice versa.
AUD hovering around a 5 year low range so doing a deal like this...
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Last
98.0¢ |
Change
0.005(0.51%) |
Mkt cap ! $934.6M | |||
| Open | High | Low | Value | Volume |
| 97.0¢ | 98.5¢ | 97.0¢ | $546.1K | 557.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 11317 | 98.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 98.5¢ | 19105 | 9 |
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| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
98.0¢ |
Change
0.005 ( 0.60 %) |
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| Open | High | Low | Volume | ||
| 97.0¢ | 98.5¢ | 97.0¢ | 149423 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| PRN (ASX) Chart |