FEX
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1.32% 37.5¢ fenix resources ltd

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

  1. guyvol
    170 Posts.
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    22/07/21
    15:36
    Post #: 54696316
    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.
    FEX Price at posting: 42.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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