Thats not the point of hedging though. Not many companies go into hedging agreements to maximise profit, but its designed to minimise and protect to the downside. Its a risk / reward measure, and hedging is purely related to risk mitigation. Its 1 of the things thats always been attractive about FEX is their ability to hedge and protect against large scale falls. They are actually very active with their hedging too, which means they are being flexible with the way they approach their hedges based upon the prevailing IO price.
- Forums
- ASX - By Stock
- Ann: Fenix adds to iron ore hedging cover
Thats not the point of hedging though. Not many companies go...
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FEX (ASX) to my watchlist
(20min delay)
|
|||||
Last
28.0¢ |
Change
-0.015(5.08%) |
Mkt cap ! $201.7M |
Open | High | Low | Value | Volume |
29.0¢ | 29.0¢ | 28.0¢ | $504.6K | 1.767M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 329727 | 27.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.0¢ | 17490 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 329727 | 0.275 |
5 | 62137 | 0.270 |
3 | 415107 | 0.265 |
3 | 42578 | 0.260 |
5 | 122753 | 0.255 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 17490 | 1 |
0.285 | 477069 | 2 |
0.290 | 202892 | 5 |
0.295 | 20000 | 1 |
0.300 | 291008 | 11 |
Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
Featured News
FEX (ASX) Chart |
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online