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0.00% 7.8¢ tap oil limited

Ann: Appendix 4D and Half Year Report-TAP.AX, page-2

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  1. pbawley
    1,844 Posts.
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    25/08/16
    21:14
    Post #: 18693435
    Can anyone explain the "Commodity Swap" liability of $5.105m (page 22)?

    Is that the premium for the hedges in place up to Feb17? (any if so why was it not paid in advance - is that typical?)

    Thanks
    pb
    Last edited by pbawley: 25/08/16
    TAP Price at posting: 8.8¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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