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0.02% 8,012.1 all ordinaries

All Ord will settle at 4900 or 5900?, page-11

  1. Frogkey
    1,556 Posts.
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    10/03/20
    21:21
    Post #: 43414451
    I can’t find anywhere else to discuss inverse XAO...

    Is BBOZ very undervalued currently?

    On 5 Feb 19 XAO was slightly higher than it is now at just over 6000, but BBOZ has not yet returned to this level.

    It is currently $11.64 and by the above reckoning, should be above $13.79.

    I expect there would be some losses over time due to cost of leverage, or is it just sold down and undervalued like the rest of the market.

    I hold BBOZ
    XAO Value at posting: 5,995.8
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    lightbulb Created with Sketch.  Great analysis
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