hedging offers the company protection especially at the time of hedging the price worked out very well
Remember not all gold is hedge so also offers upside potential imaging if it was spot price was $1290 a ounce you would be happy. Hedging isn’t meant to be a significant profit maker for a Goldie stock.
Qantas was smart years ago around hedging fuel. Manage to hit Virgin Australia hip pocket.
hedging offers the company protection especially at the time of...
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 (20min delay)
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Last
$1.43 |
Change
0.045(3.26%) |
Mkt cap ! $1.332B | |||
| Open | High | Low | Value | Volume |
| $1.41 | $1.43 | $1.41 | $4.643M | 3.267M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13000 | $1.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 42629 | 3 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$1.42 |
Change
0.045 ( 2.35 %) |
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| Open | High | Low | Volume | ||
| $1.41 | $1.43 | $1.41 | 1048090 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| SLR (ASX) Chart |