Disagree croasian - ORG hedged at the bottom (or close to it) STO have wisely seen the writing on the way to BEGIN hedging around the current levels (which are 40% above lows) - they haven't put all their eggs in one basket so if by chance oil does go to $65 in the next 12 months then they will have plenty of exposure to the upside. Hedging isn't about the upside - it simply provides a base/support for the downside...
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$7.28 |
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Open | High | Low | Value | Volume |
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---|---|---|
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Price($) | Vol. | No. |
---|---|---|
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No. | Vol. | Price($) |
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25 | 18271 | 7.270 |
25 | 35952 | 7.260 |
37 | 60690 | 7.250 |
15 | 41976 | 7.240 |
10 | 33228 | 7.230 |
Price($) | Vol. | No. |
---|---|---|
7.280 | 32867 | 23 |
7.290 | 85600 | 27 |
7.300 | 101128 | 20 |
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7.320 | 11698 | 5 |
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