FEL has hedged its IO sales for the next period above current prices. It doesnt warrant a panicky sell and you guys should be reading the company announcements to confirm that. Yes, we had a poor quarterly post and imho we can expect oscilllations from 0.033 to 0.038 for the next 12 weeks. We wont see 0.04s until next quarter, and it sucks. If youre a day trader, FEL has rarely been good value.
FEL AGM, 24 Nov 21, and beyond, page-6
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