It's true that the hedge is just a portion of production, so the gold price still has a significant effect on our profit (the benefits of gold rises are reduced by approx 1/3, due to the hedge).
The hedge is already priced in.
Investors in the placement were fully aware when paying $1.55.
It's true that the hedge is just a portion of production, so the...
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Last
$1.27 |
Change
-0.010(0.78%) |
Mkt cap ! $1.619B | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.30 | $1.26 | $9.447M | 7.441M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26512 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 63228 | 4 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| BGL (ASX) Chart |