Yeah exactly! I’m happy with this move. We’d be kicking ourselves as SH if IO dropped past US $170/t and we had no hedge. But if IO continues to stay above US $200/t for next 12 months (unrealistic IMO) we’ll be sitting very healthy.
Consistency is key and we will be making consistent money.
Ann: Fenix Enters 12-Month Hedging Arrangements, page-9
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Last
33.5¢ |
Change
0.010(3.08%) |
Mkt cap ! $232.6M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 33.5¢ | 32.0¢ | $500.2K | 1.519M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 110362 | 32.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 143853 | 2 |
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