GWR 0.00% 8.7¢ gwr group limited

Another ship lining up tomorrow, page-80

  1. 2,860 Posts.
    lightbulb Created with Sketch. 105
    Even with it's Hedging Fex won't be making much if the price goes down around $50, they will be digging it up for nothing
    and it's only got 12 mths to run. I bet they're sorry they paid a dividend, with the China crisis unfolding.

    One other thing about Hedging, is, it's a contract... Whoever they have the contract with will be wanting to rip it up, with any old excuse.
    Things like lower grade in one of the shipments or failing to make a shipment for one reason or another
 
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