Twelve quarters is three years of pain and going nowhere! Take the hit - get off the drugs - go cold turkey - and get upside on 100% of gold price upside. You forget that with any increase in gold price these hedges get more into the red. The paper losses compound. In reality, they have not got the balls to close them out. And the mates at Macquarie want to keep them on the hook. Very glad I do not own this stock. I feel sorry for those that do, because the management, board and their advisers have shafted you. Overpaid for Tropicana, diluted the shares at a crap issue price and locked you into a bunch of shitty hedge positions. Give them all a bonus!!!! Not..... DDD
RRL Price at posting:
$2.55 Sentiment: None Disclosure: Not Held
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