I understand that lenders want them to hedge in order to protect the loan repayments, but wouldn't a PUT Option be a much better hedge? I understand there would be a premium that currently doesn't apply to straight vanilla paper contracts but surely at least a mixture of the 2 would protect the lender by putting a floor under RED's sale price but also enable the company to take advantage of a higher Au price
I understand that lenders want them to hedge in order to protect...
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Last
44.0¢ |
Change
0.010(2.33%) |
Mkt cap ! $1.524B | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 44.0¢ | 43.0¢ | $3.902M | 8.931M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 82793 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 1221144 | 15 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
43.5¢ |
Change
0.010 ( 1.21 %) |
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| Open | High | Low | Volume | ||
| 43.5¢ | 44.0¢ | 43.3¢ | 3613242 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| RED (ASX) Chart |