AGO 0.00% 4.5¢ atlas iron limited

Ann: Half Yearly Accounts and Appendix 4D, page-197

  1. 32,291 Posts.
    lightbulb Created with Sketch. 1507
    But isnt this current qtr hedged, were missing these high prices, possibly why it was hard to hold the 5c mark.

    They should announce and do a hedge at current prices for the 2nd qtr and more if possible, we'll then get marked for an additional $20 profit per tonne, over 5c easily.

    I think the hedging stuffed up, backfired. I'm sure they know what their doing I sincerely hope they hedge current prices.
 
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