Seaborne takes a deep breather, SGX relaxes a bit more.
Since May we have averaged above $210
AUD buying 73cents in a very strange but welcome anomaly. During the last time boom we hit a high of ~ $190US in early Feb 2011 the Aud was flying and we smashed through parity soaring to $1.10 at one point.
FMG hedges currency to manage its risk but this is a dynamic process. This is a rare time & I've little doubt we have changed out tactics a bit to accomodate this currency anomaly to help more profits flow through.
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Seaborne takes a deep breather, SGX relaxes a bit more. Since...
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---|---|---|
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15 | 5906 | 19.280 |
16 | 4827 | 19.270 |
13 | 8571 | 19.260 |
14 | 16923 | 19.250 |
Price($) | Vol. | No. |
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19.300 | 6006 | 20 |
19.310 | 5053 | 20 |
19.320 | 9021 | 15 |
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19.340 | 59207 | 10 |
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