I have done some homework on the subject, both fundamentaly and technically and this is what i have conlcuded
if there is going to be a short term bounce, about 25-40% then it can occur from about the $1,20-$1.30 level.
Fundamentally, the negative value of the hedges if they are cristalize today the company may be placed in a difficult position.
The best choice of enntry would be an options or warrnat play, which I have not examined yet.
could you help please?
Arhidas
neither short or long SGW
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sons of gwalia limited
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