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.
Best looking weekly chart, page-2106
Add NST (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$13.35 |
Change
-0.360(2.63%) |
Mkt cap ! $15.37B | |||
| Open | High | Low | Value | Volume |
| $13.59 | $13.65 | $13.28 | $20.90M | 1.556M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 7401 | $13.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.36 | 10731 | 49 |
View Market Depth
| Last trade - 14.40pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$13.37 |
Change
-0.360 ( 2.00 %) |
||||
| Open | High | Low | Volume | ||
| $13.60 | $13.60 | $13.28 | 508167 | ||
| Last updated 15.00pm 14/06/2024 ? | |||||
| NST (ASX) Chart |