"Does the Aussie dollar have anything to do with the US buying more?"
Andy, I would not have thought so - Not to the fact that there has been increased demand from individuals in US, because they are still buying in the US$3 range.
The ones benefiting from the exchange rate are the market makers - good luck to them.
It seems that they (market makers) are doing a good job capping the share price here so as they can buy more at around the 10cent mark to satisfy US demand. This is a good thing (for now) in my opinion. Exposure is what we need. We want US investors to start talking about "this little Aussie company with this great product that has huge potential".
"Does the Aussie dollar have anything to do with the US buying...
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Last
41.5¢ |
Change
-0.005(1.19%) |
Mkt cap ! $598.3M | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 41.8¢ | 41.5¢ | $143.4K | 345.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 17837 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 179585 | 7 |
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| Last trade - 10.23am 26/06/2024 (20 minute delay) ? |
| IMM (ASX) Chart |