Mmmm ...
"The hedge book is costing NST more than $1 billion at today's spot price and the damage could get much worse ..."
Can anyone refute that statement ... ?
And ... I can't see that the hedging is anywhere near 20% of production in FY 24 and 25 ...
(Why choose to use Calendar years in the calcs rather than FY?)
But, even if you do, it is still 30%, not 20% ... No?
BTW I'm really hoping NST comes through a big winner ... I just question some of the decisions they have made ... AND I really wish the MD was correct when he claimed they were only giving away 20% of production ...
I just don't see that in the figures. I think to say so is also therefore misleading ... at least as it pertains to the near future ... i.e. next 2 FYs.
Happy to be proven wrong of course.
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$13.97 |
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Open | High | Low | Value | Volume |
$14.10 | $14.13 | $13.95 | $36.71M | 2.618M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 12495 | $13.96 |
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Price($) | Vol. | No. |
---|---|---|
$13.99 | 5240 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 13.920 |
2 | 3000 | 13.900 |
1 | 2000 | 13.820 |
3 | 10339 | 13.800 |
2 | 144 | 13.770 |
Price($) | Vol. | No. |
---|---|---|
14.100 | 4123 | 2 |
14.110 | 4920 | 3 |
14.130 | 7869 | 1 |
14.150 | 1300 | 1 |
14.160 | 1 | 1 |
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