Addendum to post..using 2020 annual report to illustrate this point . Section 12 Financial risk management. "The group may use derivatives instruments as appropriate to manage certain risk exposure....in accordance with board approved directives."
So shareholders have no guidance if hedging will be used or not used (other than to review the current book) in the future and what criteria is used to make hedging decisions.
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Last
29.0¢ |
Change
-0.005(1.69%) |
Mkt cap ! $314.0M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 29.5¢ | 29.0¢ | $248.6K | 855.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 96559 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 424757 | 6 |
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| Last trade - 16.10pm 02/07/2025 (20 minute delay) ? |
| SBM (ASX) Chart |