OOO 2.81% $19.36 betashares crude oil index etf-currency hedged (synthetic)

no one trading oil - why, page-3

  1. 10,425 Posts.
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    I just spoke to the nice young lady at betashares and I asked a few questions about OOO, she explained it all very well, she said OOO probably WONT delist, even if it dosent get bigger, she said if it DOES investors will just get paid out into their bank account at the current stock price.

    She also talked about the MARKET MAKERS, that arnt on screen traders, she said if you ever want to sell, the MARket maker will always buy them, if the price is realistic or near the NTA value, so even though OOO appears Illiquid, selling them is easy and assured.

    That made me feel confident, when WTI falls to US$60 im going to buy big time, even if Wti drops to say $30, it will never go broke, unlike a stock, oil will always go up LT, even if I have to wait 10yrs for it to go back to $100 it will.
 
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Currently unlisted public company.

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