Hedging may be quite expensive. IO futures are in backwardation. All people in IO business expect prices in 1 year time to be approximately 20% lower.
Hedging may be quite expensive. IO futures are in backwardation....
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Last
29.5¢ |
Change
0.010(3.51%) |
Mkt cap ! $359.4M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.5¢ | 28.5¢ | $637.1K | 2.210M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 275537 | 4 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| MGX (ASX) Chart |