OOO betashares crude oil index etf-currency hedged (synthetic)
Add to My Watchlist 2.81% ! $19.36

WARNING: Read me before buying OOO, page-139

  1. TonyxTony
    1,057 Posts.
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    20/04/20
    12:07
    Post #: 44139454
    that is the scary part of OOO, in contango phase, you need to oil to go up in order for OOO SP to stay the same.

    and once OOO in contango, the share price cannot recover (AFAIK) even when oil price goes back to normal, you will be looking at a 10-50% price different
    OOO Price at posting: $19.36 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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