GBG 0.00% 2.9¢ gindalbie metals ltd

Your assessment is correct. Also normally they should have...

  1. 314 Posts.
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    Your assessment is correct. Also normally they should have hedged against the US$ if the CFO was qualified enough and not one of the boys. In fact not hedging or hedging in the wrong direction could move any company towards bankruptcy. That happened in many cases back in 2000.
 
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Currently unlisted public company.

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