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recs

  1. YStrategy
    10,917 Posts.
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    08/02/12
    12:44
    Post #: 9662136
    I am a bit unsure how these REC's are operating for CBD.They can obtain finance for 85% of the spot REC price.What would happen if the REC price dropped substantially?Is the REC price a fairly stable market?The draw down of finance has to be paid back say the spot price drops by more than 85%?My questions are that is CBD playing a similar game to say unhedged foreign exchange?
    CBD Price at posting: 8.1¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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