PSV perseverance corporation limited

asx this smells, page-2

  1. siameseparrot
    24,765 Posts.
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    30/10/07
    22:57
    Post #: 2950257
    So much for hedging - promising to deliver in the future what you do not have in your hand at the time.

    If the price moves against you there are balance sheet liabilities created PLUS should there be any production issues then the company can be brought down or go cap in hand for a bail out.
    PSV Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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