"STO should stop hedging and focus on the business"
Hedging sensibly is focussing on your business. The same way as insuring your income when self employed, like home insurance, like locks on your door.
We pay management and boards enough to protect and grow the company, failing to hedge some of your earnings at the point of peak debt is pathetic and the board and senior management should have handed back their paypackets and taken a running leap at a sword however there is still the crazy underlying attitude that hedging is bad. Go figure..
STO Dividend, page-38
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Last
$7.94 |
Change
0.050(0.63%) |
Mkt cap ! $25.78B | |||
| Open | High | Low | Value | Volume |
| $7.96 | $7.96 | $7.88 | $52.96M | 6.684M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12545 | $7.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.95 | 91417 | 15 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |