Here is a little excerpt from an article in today's fin review I found interesting.
It's obviously a massive crowded carry trade, so there will be some very unusual and large upside at some point.
According to Barclay's, the oil, gold and copper markets are now pricing in the worst set of conditions since 1983, while short positions in all commodities is 10 times what it was during the depths of the 2008-09 financial crisis.
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$2.38 Target, page-56
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Last
3.7¢ |
Change
0.002(5.71%) |
Mkt cap ! $40.14M |
Open | High | Low | Value | Volume |
3.5¢ | 3.7¢ | 3.5¢ | $19.3K | 547.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 152505 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 40000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 152505 | 0.034 |
1 | 150000 | 0.033 |
1 | 350000 | 0.032 |
1 | 200000 | 0.030 |
1 | 250000 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 40000 | 1 |
0.044 | 83970 | 3 |
0.045 | 150854 | 1 |
0.046 | 96270 | 2 |
0.049 | 20365 | 1 |
Last trade - 12.03pm 28/06/2024 (20 minute delay) ? |
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