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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19.0¢ |
Change
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Mkt cap ! $76.02M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 18.5¢ | $68.02K | 361.0K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 32184 | 18.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 31826 | 1 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
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