aussie dollar

.8692

Ok i don't pretend to understand this hedging that much but would love to discuss this in more detail as the aussie dollar is on the move again.

CER had some kind of hedging agreement with CNP which had 347million written off their NTA or around 15c / share.

There was some kind of agreement in which both parties would cancel if the aussie dollar would get to a value which puts this at 0.

This looks like it might be very soon.

After this it seems it would be in CER's interest for the aussie dollar to steady or retreat.

Would love feedback where i may have made some mistakes