SGW sons of gwalia limited

If they have hedged the gold price and not the currency, they...

  1. billytea
    1,544 Posts.
    clock Created with Sketch.
    24/01/03
    06:37
    Post #: 112177
    If they have hedged the gold price and not the currency, they are in double trouble. The A$, having risen 20% means they get 20% less for their products.
    SGW has never been on my watch list so I can't be specific, and maybe even wrong, but I think their hedge book is toxic and tantilum [have I got the right co?] is going through a bad patch.
    SGW Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA
right-arrow Created with Sketch.
NEWS As Albo spruiks hydrogen in China, FMG is exiting the game
right-arrow Created with Sketch.
NEWS Capricorn Metals, capped at $4B, picking up Warriedar – but holders unhappy
right-arrow Created with Sketch.
NEWS Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand
right-arrow Created with Sketch.
NEWS Tech nanocap iSynergy pops +75% on MOU to build AI centre in Malaysia
right-arrow Created with Sketch.
NEWS Watch the Latest Video Interviews here
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.