crazy - my back of napkin math suggests pbnewby's number is about right
ie. think us debt is aorund $7bn of the 8.8bn net debt - that would make a 1c fall in AUD a 1.4% rise in interest cost. or about $100m
on the other hand, sales should also rise by 1.4%. which would probably generate an extra 20-30million in sales income.
so the net impact of a AUD fall is probably more like $70m - thats my best guess
AS for massive punt - no just a punt - depending where you buy it,
For me it is now a 'trading stock. Which means you can buy it below $4.50 for both short and long term - but with a tight stop.
But buying where it sits above $4.50 is buying in no mans land - just a huge sea of churn thats neither good price fo specualtive long term - nor smart positioning short term.
but that is just me
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Last
$7.66 |
Change
-0.010(0.13%) |
Mkt cap ! $24.87B |
Open | High | Low | Value | Volume |
$7.72 | $7.73 | $7.66 | $51.80M | 6.770M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 125654 | $7.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.67 | 1506 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 45 | 7.660 |
1 | 1200 | 7.650 |
2 | 8200 | 7.620 |
1 | 3500 | 7.610 |
5 | 9238 | 7.600 |
Price($) | Vol. | No. |
---|---|---|
7.700 | 21780 | 4 |
7.720 | 49830 | 5 |
7.730 | 5000 | 2 |
7.740 | 18000 | 2 |
7.750 | 169747 | 19 |
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