how did you come up with number? legit question as my calcs show me 34.4% (average over 2 years) from 2025 which is when ALK will move to 100kOz. See the table above from Joel posted.
Hence why I said things will look better from around mid-2025. But the next 4 quarters will be painful where hedges are highest per quarter while production will be ramping up. And the next 3 quarter will be absolutely terrible as ALK won't be at 100kOz p/a while the Quarterly hedges are huge. Unless ALK ramps up production faster and even then % wise hedges will be high.
I could be missing something though hence I am curious if you can explain your math. the way I calculated is total hedges for 2025 and 2026 vs 100kOz. If broken by year I got around 35% for 2025 and around 33% for 2026 hence average is 34.4%.
How did you end up with 8%.
Ann: Half Yearly Report and Accounts, page-162
Add ALK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
49.0¢ |
Change
0.020(4.26%) |
Mkt cap ! $296.4M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 49.5¢ | 47.5¢ | $239.5K | 493.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 31340 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 2793 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ALK (ASX) Chart |