The hedging was a very smart idea and it looks like the only money they made was hedging as previously discussed by numerous other people.
Hedging is just a form of gambling with shareholders money although although they executed perfectly and was a smart move.
SELL, page-18
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Last
27.0¢ |
Change
0.005(1.89%) |
Mkt cap ! $194.5M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.5¢ | 26.8¢ | $139.3K | 516.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 1234086 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 28501 | 4 |
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| FEX (ASX) Chart |