Coppertop,
As I understand the situation it is not just a case of reaching a certain value for the AUD but it has to remain there for stipulated time for the closing out of the hedges to be possible.
As you say Defabstar is the one who probably knows the answer. It would be appreciated by all if the company would be more specific about the situation and the effect it should have on the value of CER. I had expected that more of the hedges would have been closed out by now.
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