Yes, agree, LT contacts are very opaque, which maKes it hard to see the gap differntail until month end UxC pricing which is always takes the mid pricing or the low end of term contact pricing.
My concern is the spot gap blows out too much from the LT price and the market keeps thinking it's not sustainable.
THE SQUEEZE IS ON, page-1618
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Last
$10.40 |
Change
-1.260(10.8%) |
Mkt cap ! $3.109B | |||
| Open | High | Low | Value | Volume |
| $10.77 | $10.77 | $10.15 | $58.97M | 5.696M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $10.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.40 | 2536 | 2 |
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| PDN (ASX) Chart |