diatribe, yet Qantas does move according to the oil prices at times. When the hedging finishes they need to re-hedge, true? Market looks forward. If oil goes up 5% overnight Qantas will have a bad day on our market.
If oil stays high they need to re-hedge at a higher price. A higher aussie dollar offsets some of it.
getting warm? BTW, are you one of my lecturers at QUT?
***looking sensational*********, page-9
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