That is what you call a hedge. I am not the only investor in history who has ever done that. The balance is never even though. I will do much better with CTD success than VGI success. That is not unusual with regards to a hedge.
At some point VGI will cover their shorts. They have to admit they have been very lucky with the coronavirus. A true black swan event that has really landed in their favour.
At this price the risk is to the upside and sharply. The stock will bounce well before coronavirus peak effect in Australia.
That is what you call a hedge. I am not the only investor in...
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Last
$13.65 |
Change
-0.040(0.29%) |
Mkt cap ! $1.997B | |||
| Open | High | Low | Value | Volume |
| $13.76 | $14.01 | $13.58 | $13.00M | 945.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 30169 | $13.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.66 | 29852 | 4 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CTD (ASX) Chart |