The issue will be enforcing it should the iron ore price drop. Dont know too many companies that have succeeded in taking action against a Chinese company for any type of hedge. If the price drops, the Chinese simply dont follow the hedging agreement.
The issue will be enforcing it should the iron ore price drop....
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43.5¢ |
Change
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Mkt cap ! $305.6M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 6 | 190489 | 43.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 201169 | 13 |
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