On my figures it appears RMS hedged a further 76.25kozs @ $1770 last qtr. Subsequently another 11.5kozs @ $1862 so far this qtr.
I mentioned before that they didn't hedge as much as they usually did in the Sep. Q and perhaps because of expectations of lower production levels . The strong hedging since makes me believe that production may be spruiking up. Although the fact that the hedging has been moved out up to 2 years partly negates that. The qtrly will show full numbers. I'm still not a fan of hedging in the main, except in extreme conditions.
kg
On my figures it appears RMS hedged a further 76.25kozs @ $1770...
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Last
$1.91 |
Change
0.085(4.67%) |
Mkt cap ! $2.180B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.91 | $1.87 | $4.797M | 2.533M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 311 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.91 | 77570 | 9 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| RMS (ASX) Chart |