FEX 4.76% 30.0¢ fenix resources ltd

Price of Iron Ore, page-38

  1. 1,008 Posts.
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    If over 150usd is a brilliant price, and I'm not disagreeing with you, makes you wonder how FEX managed to hedge at 170usd, and who is getting their a** kicked for doing that deal?
    surely they must be experienced in iron ore markets and what world factors influence the price?
    so it's this just temporary and we will see prices closer to 200usd for the next 12 months so the hedger can make money off the deal?
 
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