FEX 2.56% 38.0¢ fenix resources ltd

The issue will be enforcing it should the iron ore price drop....

  1. 170 Posts.
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    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.
 
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38.0¢
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38.5¢ 39.0¢ 37.5¢ $695.9K 1.822M

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2 5262 38.0¢
 

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38.5¢ 25500 1
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