re: tigerten "And now Cleveland Cliffs are mugs too -they should consult you next time mate when they make a $600 million takeover play -or maybe the huge profits they are making on iron ore around the world was a results of hedging -what garbage "
Cleveland Cliffs have synergies that no other major company could have offered - they are an american company and hence they are naturally hedged against AUD/USD movements.
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