EVG 8.82% 3.1¢ evion group nl

forward sales, page-8

  1. 3,282 Posts.
    lightbulb Created with Sketch. 100
    No probs DSpike. I believe the issue has been covered pretty well and you can see the upside here...as well as the security should Au tumble (and it could). We have the luxury of a locked in profit on 126k of Au.

    EVG aren't the only compnay looking a little under water with a hedging policy caught out by the parabolic rise.

    My main point is that way back then it was a case of no hedging no finance...so irrespecitve of what the price of Au does, it was the correct managerial decision as it was a condition precedent, so to speak.



 
watchlist Created with Sketch. Add EVG (ASX) to my watchlist
(20min delay)
Last
3.1¢
Change
-0.003(8.82%)
Mkt cap ! $7.980M
Open High Low Value Volume
3.1¢ 3.1¢ 3.0¢ $9.085K 299.9K

Buyers (Bids)

No. Vol. Price($)
2 100000 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 147071 2
Last trade - 15.31pm 27/11/2024 (20 minute delay) ?
EVG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.