How ANZ can loan out $360 Million AUD to one single mine operation and not have them at least 50% hedge when copper was sitting at $3.50 is beyond me.
I can understand mining companies not hedging due to the greed factor but banks need to protect their investment.
- Forums
- ASX - By Stock
- PNA
- great quarterly
great quarterly, page-11
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)