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The problem is we can’t track how the wheeling and dealing is...

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Astutebio90

215 Posts.

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05/11/23

00:04

Post #: 70730851
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Originally posted by chuk: ↑

A lower AUD is ideal for us later but a valuation coming in at say $2.5bill or $3bill as opposed to $2bill for example makes a much bigger difference than a 1-2c move in the AUD. So I'm much more interested in what happens from here with regard to potential M&A than I am in the AUD. Once we have a USD valuation, then I'd be hoping for a dip in the AUD. But that's just me.

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The problem is we can’t track how the wheeling and dealing is going with Phoenix, however at least we can follow the FOREX movements daily which still directly affects us
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