SGW sons of gwalia limited

SGW's gold hedging is offset by their currency hedging - rises...

  1. 9,081 Posts.
    SGW's gold hedging is offset by their currency hedging - rises in the Aussie $ are a plus for SGW.

    As I understand it, there are no margin calls applicable to its gold hedging - at worst it just foregoes additional profit.

    There is a lot of misinformation about this company "out there".

    And uncertainty will act as a brake on the shareprice until it is clarified.

    Maybe there is someone on HC who is closer to the company who can respond to these uncertainties in a more definitive way. That is the kind of post we really want re. SGW - rather than some irratiional "shoot from the hip" diattribe about the company going broke because of its hedging policy.

    That sort of thing is simply unfounded scare tactics.
 
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