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
Another ship lining up tomorrow, page-80
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Last
8.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.62M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 8.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.6¢ | 100000 | 1 |
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| Last trade - 09.42am 28/06/2024 (20 minute delay) ? |
| GWR (ASX) Chart |
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