MCC macarthur coal limited
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hedge position

  1. snash
    40 Posts.
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    21/11/08
    12:21
    Post #: 4523644
    Can someone please comment on their hedge position. Based on todays e/r the hedge to June 2009 is going to cost them about $140M. I don't think this was mentioned in either presentation on Nov 19. Isn't this going to severley affect their results? Why doesn't anyone seem to be worried by this?
    MCC Price at posting: $2.99 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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