RE:RE:RE:My Question IS,,,,,,lashing wrote
Good luck with your index funds Rational43
Rational43 wrote: The total change in mark To Market value of hedges, current period, AND ALL FUTURE PERIODS, is considered a gain or loss in each period.
So two years of losses on hedges were realized in three months income statement, which is why FFO is a much better measure (where only the realized portion of losses counts).
So, yes, in effect they were MORE THAN 100% hedged, as all the hedges for two years moved against them, vs only the production they had in Q3.
People who don't understand how numbers are reported should consider Index funds.
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"Good luck with your index funds Rational 43."
Good luck with getting $30 for your IPL shares.
Wheres my $30, $30, $30, $30 ?????