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

WARNING: Read me before buying OOO, page-160

  1. genaussie
    13 Posts.
    lightbulb Created with Sketch. 1
    clock Created with Sketch.
    20/04/20
    13:40
    Post #: 44142079
    Hi All

    I'm not an expert trader (more of an investor) but is this thread forgetting that future prices constantly move too? As the spot moves, the futures move too. So I believe it's incorrect to say "spot price must be more than $26 by May 7th just to break even", because it assumes the futures are stagnant.
    OOO Price at posting: $19.36 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Diamantina Advanced Copper-Gold Project Acquisition in Western Queensland
right-arrow Created with Sketch.
NEWS High-Grade Gold Discovery Extends 75m North at 8 Mile Drill Hole
right-arrow Created with Sketch.
NEWS Update on exploration at Fosterville and Glenlogan
right-arrow Created with Sketch.
NEWS Transformative PV solar recycling acquisition completed
right-arrow Created with Sketch.
NEWS High-grade copper identified at Nejo Gold Project, Ethiopia
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.