Guess I am thinking like a trader and if the POG goes up the the value of the hedge book will decrease.
If the pog goes up and the company had sold there would be a double whammy effect.
But if POG goes down further then the hedge book increases
in value.
Insurance is probably the safer bet.
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| Price($) | Vol. | No. |
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| 18.0¢ | 79246 | 4 |
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