The Q1 earnings announcements for tankers begins. With prices of companies with little to no revenue go up - a tanker stock (ASC) with good earnings goes down.
Also, oil up - tankers down. Interesting to see how the oil price goes around the expiry of the June contract.
https://www.freightwaves.com/news/investors-dump-tanker-stocks-just-as-tanker-profits-soar
Start of Tanker Earnings Q1 2020 - The Market Gets More Weird
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Last
$1.64 |
Change
0.000(0.00%) |
Mkt cap ! $128.8M | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.67 | $1.64 | $291.5K | 176.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1364 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 17781 | 1 |
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| Last trade - 15.53pm 06/06/2024 (20 minute delay) ? |
| TGF (ASX) Chart |