CCU
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0.00% 5.8¢ cobar consolidated resources limited

silver price in aud vs silver price in usd

  1. gelxi
    268 Posts.
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    20/06/13
    11:51
    Post #: 11907250
    Silver price in AUD affects CCU the most as they do their business in AUD.

    Imagine the scenario where the silver price tanks in USD, but rises in AUD (due to the weakening Aussie dollar).

    I assume that this scenario will help the profitability of CCU.

    Is it right to assume this? Or does the silver price in USD still have effect on CCU's profitability?

    Would love to hear your thoughts on this matter.

    CCU Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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