Mate, they have nearly AUD1B in cash and a credit facility one third of their cash hoard that they haven't even drawn. The vast majority of hedging benefits one party, the banksters. And more so with gold/silver hedging than any other sector.
I sat and watched SoG implode over 2 decades ago. I'm by no means comparing PRU or any other producer to the SoG catastrophe, and I got out of them way before they imploded after I realised their dire predicament, but their situation, as well as the broader situation that was a symptom of gold production late last century left me scarred for life. I am vehemently opposed to hedging unless absolutely necessary.
Mate, they have nearly AUD1B in cash and a credit facility one...
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Last
$2.48 |
Change
0.040(1.64%) |
Mkt cap ! $3.407B | |||
| Open | High | Low | Value | Volume |
| $2.45 | $2.48 | $2.43 | $7.034M | 2.857M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14815 | $2.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.48 | 105878 | 2 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
$2.47 |
Change
0.040 ( 1.37 %) |
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| Open | High | Low | Volume | ||
| $2.46 | $2.48 | $2.43 | 553373 | ||
| Last updated 15.59pm 27/05/2024 ? | |||||
| PRU (ASX) Chart |