FEX, irrespective of the well placed/timed hedge, is inextricably tied to the IO price.
Markets are forward looking, what lays beyond the hedge?
Sub-prime contagion about to sweep through Chinese markets.
Over supply, lowered demand and an IO miner with one asset?
Its only reasonable to expect a pullback & a conservative/bearish response.
Ann: Dividend/Distribution - FEX, page-125
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 (20min delay)
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Last
27.0¢ |
Change
0.005(1.89%) |
Mkt cap ! $194.5M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.8¢ | 26.5¢ | $481.2K | 1.764M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1008877 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 239848 | 3 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| FEX (ASX) Chart |