re: appoints administrators. Unfortunately it is a certainty the shareholders will get nothing due to the magnitude of the hedging losses. The second counter party saw the opportunity to mop up the assets and took it. There are times to hedge and not to hedge. Hedging upstream of a gold and $AUD bull run coupled with unforeseen declines in production was a recipe for disaster.
re: appoints administrators. Unfortunately it is a certainty the...
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Last
2.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $9.500M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.1¢ | $20.80K | 946.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 533660 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 616191 | 2 |
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| Last trade - 11.59am 04/12/2024 (20 minute delay) ? |
| CRS (ASX) Chart |
