Some ego driven inderviduals seem to think that whatever they write becomes reality and that nothing else matters.
==
Thx Robertdewunth. That bullet whistled past my ears, and sunk into you know who.
Hoist by your own petard I say, praising the Mods, then next sentence "ego driven", which is clearly personalising your post.
Oh, well.
So far, not a single person has been able to come up with an argument that a hedging strategy could be instituted within the law and accounting etc (thx KW) that could NOT be used to the benefit of the 51%.
A lot of denial, and hope, and whistling past the graveyard, but could someone have a go at explaining why a hedging strategy could not be used against the 49ers.
Do you know why I am so confident about this?
The damn US Federal Reserve and central banks around the planet have been doing it for more than 50 years, and until the last 6 years every gold miner was seriously hedged. I realise in their case it was a strategy to affect market price, but it can be used just as effectively to spirit any value above the hedged price out of FML.
Please, someone show me where I am wrong. And 51% can do as they please because it is a legitimate commercial practice to hedge. The motive may be to the detriment of 49ers, but it is entirely legitimate.
Someone mount a counter argument please.
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13.8¢ |
Change
0.003(1.85%) |
Mkt cap ! $39.40M |
Open | High | Low | Value | Volume |
13.5¢ | 13.8¢ | 13.5¢ | $2.074K | 15.35K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21133 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 67030 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 21133 | 0.135 |
1 | 3809 | 0.130 |
4 | 95300 | 0.125 |
1 | 7500 | 0.120 |
1 | 1000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 67030 | 2 |
0.145 | 4928 | 1 |
0.150 | 454554 | 3 |
0.155 | 6500 | 1 |
0.160 | 107300 | 2 |
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