AGO
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0.00% 4.5¢ atlas iron limited

Atlas Hedging

  1. BT6487
    2,025 Posts.
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    18/04/17
    14:07
    Post #: 24115857
    Can anybody shed any light on what Atlas have hedged and at what price going forward? They got slammed for hedging last quarter however with the fall in IO they might have pulled a masterstroke to hedge at recent high prices. I havent had tine to read the full report but from what i can see, $28m profit for a BAD quarter isn't THAT bad? We all expected more paid of the debt but bad weather, hedging, closing of Wodgina all went against it and they still turned a healthy profit. Surely AGO are in a good position going forward? Gltah
    AGO Price at posting: 1.6¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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