MGX
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2.30% 44.5¢ mount gibson iron limited

Hedging may be quite expensive. IO futures are in backwardation....

  1. Stefans
    1,252 Posts.
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    05/07/19
    21:35
    Post #: 39399448
    Hedging may be quite expensive. IO futures are in backwardation. All people in IO business expect prices in 1 year time to be approximately 20% lower.
    MGX Price at posting: 93.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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