Given all our contracts are based in USD though - would it be fair to say we are paid in USD as opposed to forcing sellers to convert to AUD? I think buyers (typically) would rather the seller take the FX risk. Therefore who's to say "Oracle Ken" wouldn't of foreseen a drop in the AUD - and held onto the USD until such time to convert to AUD?
However I absolutely agree with your sentiment the lower AUD = more coin for us.
* PLS - $2.83 - by 31 Dec 21. Updated *, page-11
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Last
$2.92 |
Change
-0.070(2.34%) |
Mkt cap ! $8.819B | |||
| Open | High | Low | Value | Volume |
| $2.95 | $2.97 | $2.90 | $19.16M | 6.546M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 293113 | $2.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.92 | 227826 | 74 |
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| PLS (ASX) Chart |