AGM
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0.00% $1.60 australian governance & ethical index fund

unhedged producers rise and fall faster than the price of...

  1. galvanise
    3,822 Posts.
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    11/07/07
    00:50
    Post #: 2609214
    unhedged producers rise and fall faster than the price of nickel, thats why we saw such spectacular rises

    as an example if you dig something up for $3/lb and sell it for $6/lb and the price rises to $12/lb, price has gone up 2x but your profits 3x

    likewise if price falls



    AGM Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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