EVN 0.20% $5.04 evolution mining limited

vv Now here's another little game being played where the Susd is...

  1. 10,726 Posts.
    lightbulb Created with Sketch. 4287
    vvhttps://hotcopper.com.au/data/attachments/3093/3093298-3104c46978bd024939f3ad3f8dd19f47.jpg

    https://hotcopper.com.au/data/attachments/3093/3093312-24e9c9c250a9e355be8082063f06fdef.jpg

    Now here's another little game being played where the Susd is ramped out of the blue and gold is smashed at the same time.
    Just a few more of the games these guys play.
    The biggest problem they have is "backwardation" which is when the futures price drops too far below the spot creating an arbitrage opportunity.
    Its also handy for guys who are in the know.

 
watchlist Created with Sketch. Add EVN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.