RRL 0.55% $1.82 regis resources limited

Ann: Change to Hedging Structure, page-3

  1. 5,418 Posts.
    lightbulb Created with Sketch. 574
    My thinking is the overpay for Tropicana was a lot about this hedge. The more and more you can make the unprofitable hedge a smaller percent of your sales, the better. Actually, is the hedge unprofitable. I would assume the hedge covered debt (not at a loss) to provide assurity to Macquarie. What is odd, is these hedges always seem to turn out very bad. I am surprised companies do not do rolling hedges. That is, a little bit here and there on an ongoing basis. For example, now would seem a good time to hedge a small % of production. Sort of an offensive move, not a bank induced defensive move.
 
watchlist Created with Sketch. Add RRL (ASX) to my watchlist
(20min delay)
Last
$1.82
Change
0.010(0.55%)
Mkt cap ! $1.374B
Open High Low Value Volume
$1.85 $1.85 $1.80 $26.27M 14.14M

Buyers (Bids)

No. Vol. Price($)
1 227466 $1.82
 

Sellers (Offers)

Price($) Vol. No.
$1.83 173839 7
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
RRL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.