Could someone please explain why anyone would put $US 68.5 m in put options at 0.85 when the current exchange rate is around 0.76? This alone would generate a $A 10 m loss of revenue and the Q report said they will be looking for more such opportunities.
I think this might be why the CFO is going because it seems to be a F... moronic decision.
Would appreciate any input.
Keep the Faith
Bauxite investors unite
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Last
9.1¢ |
Change
-0.003(3.19%) |
Mkt cap ! $561.1M | |||
| Open | High | Low | Value | Volume |
| 9.3¢ | 9.3¢ | 8.9¢ | $6.033M | 66.32M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1809864 | 9.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.2¢ | 147127 | 6 |
View Market Depth
| Last trade - 13.19pm 18/09/2025 (20 minute delay) ? |
| MMI (ASX) Chart |