Fundamentally taking futures positions in ooo has a certain gambling element to it. Unfortunately Betashares may or may not have capped upside at the bottom. And Hotcopper punters calling disaster was always potentially the bottom. I bought my first lot around 3.20s and the next lot around 2.60s..... I think maximum upside is $8 and maximum downside is 0...But the 0 has been delayed until August/September so outcome is favoured towards short term $8 level imho
OOO Price at posting:
$19.36 Sentiment: Buy Disclosure: Held