AGO 0.00% 4.5¢ atlas iron limited

Samboy69, the only reason they were conservative and hedging at...

  1. 484 Posts.
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    Samboy69, the only reason they were conservative and hedging at lower than market prices, is they kust had a near death experience, and are / were trying to recover, as soon as they are in a mpre comfortable spot, which i beleive will be towards the end of the year, then they can take a little more risk and hedge higher, or hedge 30% and rest at market value.
    To the bond / debt holders selling good riddance, the sooner they are gone the better. Just my 2c worth
 
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