RMD Aussie stocks are ONE TENTH of the USA price =A$2.746 . The latest mid Rate of exchange of our dollar v the US$ is .5719 which means that , if you want to buy US$ in order to buy US RMD shares , you will pay around 0.577 .
Now devide 2.746 by 0.577 = A$ 4.76 and this is the CURRENT weekend price conversion .
The arbitrage players will have also to look at the expected movements of both currencies on Tuesday before taking a position ...duff
RMD - anyone know converions, page-3
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$37.28 |
Change
0.000(0.00%) |
Mkt cap ! $22.38B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 135 | $40.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.28 | 485 | 3 |
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