hedge the lot, page-35

I guess it depends on your long term view...Hedging will be over a couple of years so a short term retrace means nothing in the big picture.
That was a pretty savage pull back all the same but then it did spike far too quickly. I think POS will be back towards $50 in a few months hopefully at a far more sustainable pace.

The good thing about CCU is it is still a highly profitable company if POS is $20oz