How does FOREX impact? Say hypothetically, Phoenix will get...

  1. OneGoodTrade
    415 Posts.
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    17/07/23
    20:10
    Post #: 68831287
    How does FOREX impact?

    Say hypothetically, Phoenix will get acquired for USD$1 billion then the proceeds per share will be determined dividing USD$1 billion by number of shares in circulation.

    Furthermore, it will get settled in AUD at the exchange rate fixed in the takeover deal.
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