Just remember Gwalia fell over because the "geology" of their pits didnt fulfill the demands of their hedging.
Now SBM has the same pits with the same geology that underperformed for SOG..........and they hedged.
I'd be nervous.
GZ
gold hedging...hmmmnnn, page-2
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Last
31.5¢ |
Change
-0.015(4.55%) |
Mkt cap ! $259.8M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.0¢ | 31.5¢ | $1.655M | 5.145M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 660445 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 1114362 | 25 |
View Market Depth
| Last trade - 10.47am 11/11/2024 (20 minute delay) ? |
| SBM (ASX) Chart |