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Global X Can Oil and Gas Equity Covered Call ETF T.ENCC



TSX:ENCC - Post by User

Post by deisman03on Nov 07, 2023 6:27pm
85 Views
Post# 35722510

.13 distribution

.13 distributionNot trying to rain on a parade here, but if you check back to oct 2018, when the price was presently at this level, the distributions were at .05. 

I realize conditions are different right now, so be careful on speculation rewards. 

The only positive right now is the unit price is going sideways in a range. 

Oil prices are dropping all over the world, at a time when they should be gaining, even if only on speculative momentum. 

That doesn't appear to be happening. 

The rest of the world has been extremely careful to keep a lid on the kettle in the Middle East. 

GLTA the good folks here. 
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