PNA
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0.00% $1.84 panaust limited

EL is correct it clearly covers only the quotation period...

  1. juggernauts
    646 Posts.
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    26/07/09
    12:36
    Post #: 5431466
    EL is correct it clearly covers only the quotation period exposure, being a 3 to 4 month hedge on 50% of production


    Sources:
    page 13
    http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00932542
    and

    http://www.panaust.com.au/upload/Investor%20Presentation%20Share%20Placement.pdf


    PNA Price at posting: $1.85 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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