I'm glad you're not in charge of my assets
Hahaha
That's not what I'm talking about & nobody cares about minor price fluctuations in currency exchanges when it comes to sales of products (unless you're a commodity)
That will be adjusted independently for each country & there are other costs/savings involved that you have to consider
We can simply jack the prices up to cover any losses
You're not going to have a burn victim say "no thank you, I'll go with the chinese aldi version" to save $10 on a product that doesn't work
I'm taking about the inherent value of a business & for that you need a strong AUD
Nobody invests in Australia if the value of our AUD is falling as it would seem worthless
0.70 is a good balance for our market
This is the AUD chart going back a few years
I've circled some obvious downtrends & uptrends
Red obviously downtrends & green uptrends
There's the covid crash in the middle of a green uptrend
The red arrow is the 5th august 2024 flash crash
Correlate those with your stock prices & tell me you want the AUD to keep falling
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Last
$2.61 |
Change
-0.040(1.51%) |
Mkt cap ! $1.788B |
Open | High | Low | Value | Volume |
$2.62 | $2.64 | $2.58 | $571.4K | 219.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 14518 | $2.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.61 | 9534 | 28 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 14518 | 2.600 |
22 | 36108 | 2.590 |
20 | 52067 | 2.580 |
13 | 20004 | 2.570 |
14 | 129167 | 2.560 |
Price($) | Vol. | No. |
---|---|---|
2.610 | 9534 | 28 |
2.620 | 51693 | 23 |
2.630 | 49850 | 16 |
2.640 | 17232 | 15 |
2.650 | 197349 | 12 |
Last trade - 12.26pm 27/09/2024 (20 minute delay) ? |
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