You still think Macquarie are profiting as the side of the hedge? That is fundamentally wrong. Macquarie acting as intermediary only. Macquarie are not making the difference between the hedge price and spot price as profit. Macquarie are at financial risk of the hedge contract not being delivered.
Ann: Update from Receivers and Managers, page-13
Add CAI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.67M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| CAI (ASX) Chart |
Day chart unavailable