KCN 2.31% $1.55 kingsgate consolidated limited.

kcn considering hedging..., page-2

  1. 5,583 Posts.
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    Hedging only serves the financial institutions that sell the products for a fee. What a dumbo, he's only thinking of protecting current cashflow... typical survival mode thinking and a sign of a company that's heading down the gutter.

    Investor's converted their capital into shares at much higher prices... the last cap raising was at $7 wasn't it? Hedging now, would ensure that capital will never ever be salvaged... no sht shareholder's believe they've got a retard at the helm.

 
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