OGC
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0.00% $2.20 oceanagold corporation

Ann: Response to an ASX Price Query , page-10

  1. GreasyFast
    44 Posts.
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    28/01/09
    01:31
    Post #: 4732782
    Check the New Zealand Stock Exchange website. It has a recent press release on additional Ospyraie dispositions.

    The convertibles are not a concern. They are not callable, so even if Ospyraie needed to liquidate, they would need to find a buyer.

    Right now OGC is not rolling over their hedges. They are selling at the spot rate, and they just pay the difference between spot and hedge price to the institutions.
    OGC Price at posting: 42.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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