TSXV:VER.H - Post by User
Post by
gaserx2on Apr 28, 2013 2:24pm
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Post# 21312348
Verisante-Euros
Verisante-Euros If the posting earlier is correct and Laser Welte is selling the Aura @ 59900 euros, that would imply a Canadian dollar price of $79,355.00. With their value added tax they are paying just over $94000.00 for the product.
MarkTwane is correct in the fact that there would have to be an exchange rate and currency conversion. That is generally how world markets trade. If you just set the price at $60,00.00 across the board the selling and prodicing company could lose huge profits on currency imbalance.
Based on that Euro price it would imply that the Canadian price could be around the 73-$75000.00 dollar mark. Better reset the future revenue target based on that and not the $65000.00 price. An extra ten grand on 100 units gives us an additional million. Nice.