The convertible note prospectus had them 90% hedged until January at AUD$6,900 compared to the current copper price of about AUD$8,000. How much further hedging has been done since then and at what rate is not know. Obviously a rising a copper price is ultimately great for HGO the question is how much benefit they are getting in the very short term.
The convertible note prospectus had them 90% hedged until...
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Last
6.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $129.9M | |||
| Open | High | Low | Value | Volume |
| 6.6¢ | 6.6¢ | 6.2¢ | $385.2K | 5.964M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1408295 | 6.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.3¢ | 392626 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| HGO (ASX) Chart |