FEX 3.39% 28.5¢ fenix resources ltd

"we will sell our iron ore for less if it goes over the hedging...

  1. 505 Posts.
    lightbulb Created with Sketch. 104
    "we will sell our iron ore for less if it goes over the hedging price but if it falls below we don't want it anymore! you must sell it to us for cheaper"

    what would be the point of a contract
 
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No. Vol. Price($)
3 35233 28.0¢
 

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Price($) Vol. No.
28.5¢ 25004 3
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