CAPITAL MARKETS

Macarthur Coal: Buying low, selling high

RECENTLY listed Macarthur Coal is taking full advantage of the downward spike in the Australian d...

Greg Tubby
Macarthur Coal: Buying low, selling high

Macarthur now has 61% of its total sales through to 2003-04 hedged at an average exchange rate of 50.64c, after it announced hedging contracts totalling US$76.5 million at a rate of 48.87c during the September...

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