"If the AUD dollar rises be careful of the mass exodus of oversees investors."
... sorry to correct you, but our correction of Sep-Oct 2014 was attributed to marked AUD:USD depreciation, which forced foreign institutions to repatriate funds.
A falling AUD:USD, as anticipated by macroeconomic and historical trends, is less (not more) inviting to foreign investment. Conversely, a falling AUD:USD is the very reason why Australian portfolios, which are orientated towards USD earners, will continue to outperform (in the current environment).
"If the AUD dollar rises be careful of the mass exodus of...
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Last
$3.70 |
Change
0.010(0.27%) |
Mkt cap ! $10.18B | |||
| Open | High | Low | Value | Volume |
| $3.70 | $3.72 | $3.69 | $19.47M | 5.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 76054 | $3.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.71 | 22337 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| MPL (ASX) Chart |