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

WARNING: Read me before buying OOO, page-505

  1. 17 Posts.
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    Contango effect now reduced because now it will be rolling over 3 month contracts, not 1 month (with a reduced spread). So you can hold a bit longer. Payments made to get out of the risk of going to zero (by holding 1 month contracts) factored into price now. 3 month contract does need to go up though. Partial US opening, future transtasman bubble and death of Kim might help.
 
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Currently unlisted public company.

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