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Thanks cutz, I am up monitoring what the F this thing is up to. As usual: A massive underperformance by about 6:1 to Oil price.

Yes I know all that said about Futures contracts being swapped around and contango etc, but man o man an ETF that is supposed to track Oil price, this is screwed up !

Here's the Black Liquid itself (Used to be so valued/priced and even called Black Gold):
[ATTACH=full]103071[/ATTACH]

Here's the ETF:
[ATTACH=full]103070[/ATTACH]

Gives little hope for asx: "OOO" to have a good recovery, even with a 27% odd price rise in Crude.

<blockquote data-quote="aus_trader" data-source="post: 1070317" data-attributes="member: 72130">Thanks <a href="https://www.aussiestockforums.com/members/cutz.19853/" target="_blank">cutz</a>, I am up monitoring what the F this thing is up to. As usual: A massive underperformance by about 6:1 to Oil price.Yes I know all that said about Futures contracts being swapped around and contango etc, but man o man an ETF that is supposed to track Oil price, this is screwed up !Here&#039;s the Black Liquid itself (Used to be so valued/priced and even called Black Gold):[ATTACH=full]103071[/ATTACH]Here&#039;s the ETF: <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite106" alt=":mooning:" title="Mooning&nbsp; &nbsp; :mooning:" loading="lazy" data-shortname=":mooning:" />[ATTACH=full]103070[/ATTACH]Gives little hope for asx: &quot;OOO&quot; to have a good recovery, even with a 27% odd price rise in Crude.</blockquote>

[QUOTE="aus_trader, post: 1070317, member: 72130"] Thanks [URL='https://www.aussiestockforums.com/members/cutz.19853/']cutz[/URL], I am up monitoring what the F this thing is up to. As usual: A massive underperformance by about 6:1 to Oil price. Yes I know all that said about Futures contracts being swapped around and contango etc, but man o man an ETF that is supposed to track Oil price, this is screwed up ! Here's the Black Liquid itself (Used to be so valued/priced and even called Black Gold): [ATTACH=full]103071[/ATTACH] Here's the ETF: :mooning: [ATTACH=full]103070[/ATTACH] Gives little hope for asx: "OOO" to have a good recovery, even with a 27% odd price rise in Crude. [/QUOTE]

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