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20.0% 0.4¢ citigold corporation limited

I hope management start seriously thinking about getting some...

  1. RonaldMcRivkin
    527 Posts.
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    20/11/08
    15:38
    Post #: 4519629
    I hope management start seriously thinking about getting some currency hedges in place soon - the rampant money-creation in the USA is considered by many experts to guarantee a rapid reversal of the strong US$ before long. CTO can get some call options at say 75c fairly cheaply at the moment, which will make a huge difference to profitability if the AUS$ goes back towards parity


    .
    CTO Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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