I can vaugely remember that. Did they say that they dont sell forward contracts?
Seems like they have their own spot price calc but they could still sell the forward position on the futures. I hope they are doing some for the next 2 years, prudent risk management with the market so high above their cost.
FMG / IO Outlook and News, page-465
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$17.50 |
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Mkt cap ! $53.88B | |||
| Open | High | Low | Value | Volume |
| $16.89 | $17.74 | $16.84 | $346.2M | 19.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5870 | $17.48 |
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| Price($) | Vol. | No. |
|---|---|---|
| $17.50 | 12148 | 3 |
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