Contango means the future spot price is "modelled" at a higher level than current prices.
Personally I think it borders on desperate by the company to use a modelled future spot price as an indication of future profitability.
About 1 million other variables sit outside the spot price that impact also.
Ann: Quarterly Activities Report, page-4
-
- There are more pages in this discussion • 63 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NHC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.78 |
Change
0.090(1.92%) |
Mkt cap ! $4.040B | |||
| Open | High | Low | Value | Volume |
| $4.76 | $4.80 | $4.69 | $20.43M | 4.273M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 68353 | $4.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.78 | 95424 | 10 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| NHC (ASX) Chart |