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
$1.55 |
Change
-0.035(2.21%) |
Mkt cap ! $122.1M | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.58 | $1.55 | $247.7K | 158.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2715 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 795 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
| TGF (ASX) Chart |