CLV 1.01% 49.0¢ clover corporation limited

exchange rates

  1. 31 Posts.
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    Hello fellow clover holders.

    Share price more like it lately eh? Though volumes still pathetic..

    One thing I've been wondering about - the strong dollar. About 18months ago, the first half 08 result I believe, Clover booked a gain on currency fluctuations after a period where I believe the Aussie was unsually high against the US. Was that hedging? Cheaper raw materials?

    Anyone have any clues or an insight as to how the present exchange effects their international business?
 
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