Disagree croasian - ORG hedged at the bottom (or close to it) STO have wisely seen the writing on the way to BEGIN hedging around the current levels (which are 40% above lows) - they haven't put all their eggs in one basket so if by chance oil does go to $65 in the next 12 months then they will have plenty of exposure to the upside. Hedging isn't about the upside - it simply provides a base/support for the downside...
Ann: 2016 Third Quarter Activities Report-STO.AX, page-21
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Last
$7.15 |
Change
-0.020(0.28%) |
Mkt cap ! $23.28B | |||
| Open | High | Low | Value | Volume |
| $7.16 | $7.17 | $7.13 | $4.343M | 607.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 13434 | $7.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.16 | 68065 | 14 |
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| Last trade - 10.19am 03/10/2024 (20 minute delay) ? |
| STO (ASX) Chart |