Hi Horsetrader1 and Co,
"No.
Why?
Rising AUD makes exports (50% of sales) less profitable, reducing margin, and also makes imports cheaper which means loss of market share or lower prices which both translate into loss of revenue and EBIT.
HT1"
The AUD was very strong pre: GFC for obvious reasons. I agree with you about a strong dollar but would have thought it's influence would be somewhat accepted by the market.
I'm looking for +$4.00 but BSL is definitely lagging isn't it?
talktome
Hi Horsetrader1 and Co,"No.Why?Rising AUD makes exports (50% of...
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Last
$20.51 |
Change
0.350(1.74%) |
Mkt cap ! $9.025B | |||
| Open | High | Low | Value | Volume |
| $20.15 | $20.62 | $20.08 | $24.72M | 1.207M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 19859 | $20.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.52 | 2656 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| BSL (ASX) Chart |