I thought SBM set up a collar trade with $1600 puts when gold was around $1700 and at the time HC followers were jumping up and down.
Won't they just continue to exercise the Puts and sell gold at $1600, which is just about where we have been selling it over the last year.
Did I miss something?
$1600 puts
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Last
23.0¢ |
Change
-0.020(8.00%) |
Mkt cap ! $188.2M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.5¢ | 23.0¢ | $660.7K | 2.816M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 1115888 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 253400 | 3 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| SBM (ASX) Chart |