** hedging is now a serious issue, page-4

  1. 24,765 Posts.
    I think you are missing the point.

    If as a result of out of money hedges a company is in breach of its loan agreement with a bank then the company has serious financial problems.

    Shareholders will suffer. Just see what happens in future years.

    I don't see what KCN's problems are. KCN is debt free.
 
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