ah dont be quick to judge this strategy - probably hedge fund standard to be short one and long the other - long a dollar weighted volatility of one against the other and close them both out when profitable in aggregate - hedge the "sector" risk and trade the fundamental risk between the two.
edit: sorry I misread: i thought the implication was that he was short one and long the other. dont mind me - short both does sound silly lol. as you were.
Daily Price Movement / General Discussion, page-13681
-
- There are more pages in this discussion • 32,877 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 ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.61 |
Change
0.030(1.90%) |
Mkt cap ! $1.808B | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.63 | $1.57 | $24.95M | 15.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 61455 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.61 | 118285 | 9 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |