It doesn’t work that way
it is the hedge (AUD$230) minus the spot price (roughly AUD $130 at the moment). This amount x 50000.
Cash settled at the end of each month
So roughly $5mil owed to us on current spot prices by the bank the hedge has been placed with.
If the spot price goes above AUD$230, we pay the difference on 50000 tonnes a month to the bank
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It doesn’t work that wayit is the hedge (AUD$230) minus the spot...
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39.5¢ |
Change
0.010(2.60%) |
Mkt cap ! $274.3M |
Open | High | Low | Value | Volume |
38.5¢ | 39.5¢ | 38.0¢ | $607.3K | 1.561M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 69556 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.5¢ | 38158 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 69556 | 0.390 |
5 | 60279 | 0.385 |
11 | 210912 | 0.380 |
5 | 99400 | 0.375 |
7 | 175115 | 0.370 |
Price($) | Vol. | No. |
---|---|---|
0.395 | 38158 | 3 |
0.400 | 752220 | 23 |
0.405 | 91000 | 3 |
0.410 | 185000 | 6 |
0.415 | 101500 | 2 |
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