I agree Falcon, all the negative post on hedging are based on a false premise that hedging is for losers. When the price of gold was $250 it might have been the case but with gold close to $1500 AUD, it is a fair deal. If gold goes to 10,000AUD then some would say bad move but it it returns to under $1000 which is closer to historic norms then I think hedging some output is a good bet. Not to is to bet the whole mine on the POG rising.
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Last
$2.22 |
Change
0.020(0.91%) |
Mkt cap ! $2.544B |
Open | High | Low | Value | Volume |
$2.20 | $2.23 | $2.20 | $10.65M | 4.811M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 272418 | $2.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.22 | 233080 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15000 | 2.200 |
2 | 10689 | 2.190 |
3 | 23449 | 2.180 |
2 | 13909 | 2.170 |
1 | 10009 | 2.160 |
Price($) | Vol. | No. |
---|---|---|
2.230 | 65771 | 6 |
2.240 | 49890 | 8 |
2.250 | 206220 | 19 |
2.260 | 20009 | 2 |
2.270 | 40380 | 4 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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