I do agree that it would be good for management to explain how this off-take agreement works as it does look unusual. It may well be hedging dressed up to look like it is not hedging. If you are a low cost producer don't try to play silly games with hedging.
WAF valuation, page-51
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Last
$1.52 |
Change
-0.010(0.66%) |
Mkt cap ! $1.866B | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.55 | $1.51 | $2.794M | 1.834M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | $1.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 27036 | 2 |
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| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| WAF (ASX) Chart |
