I understand now, you were asking a rhetorical question in regards to leverage. You're right, we did just almost halve our exposure, but alot of the risk/losses occur rolling over WTI futures at the same time as all the other holders do, look at the massive drop when the US etf rolled over. $-37 for 1 day, ridiculous. If we can avoid that rollover window all the better. Also if we didnt rollover to 3 month we were done within a month. It is a very risky company to hold. Each to their own.
- Forums
- ASX - By Stock
- OOO
- WARNING: Read me before buying OOO
WARNING: Read me before buying OOO, page-475
-
- There are more pages in this discussion • 111 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OOO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online