Hedging is a risk management tool designed to reduce risk of impact of declining prices such as happened since the price was $2,800 last year. Clearly the board does not understand this and that is a worry. Not sure what they are doing at a gold company if they can't understand the biggest risk management tool available to the business.
Ann: Half Yearly Financial Results Presentation, page-25
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Last
$1.97 |
Change
0.053(2.73%) |
Mkt cap ! $1.491B | |||
| Open | High | Low | Value | Volume |
| $1.96 | $1.99 | $1.95 | $6.081M | 3.084M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 39064 | $1.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 61910 | 34 |
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| Last trade - 14.07pm 17/07/2024 (20 minute delay) ? |
| RRL (ASX) Chart |