State Gas Ltd T.GAS

Take a Look

[YakYak3]

Have a look at the Prompt Month and the Deferred Month

Prompt Month (Sep) Last: $ 2.1750	Change :$-0.1925 (%-8.13)
Deferred Month (Oct) Last: $ 2.6450	Change :$-0.0425 (%-1.58)

Today is the first day of the rollover period.

It will be rolled over at the rate of 20% a day for the next 5 days- including today.

Notice the difference in price.

They're selling at $2.175 and buying at at $2.645.

Next Thursday Oct becomes the prompt month.

Unless the fundamentals change for the better, it will soon go down to the spot price.

In a bear market, if you do that month after month....Well I think you get the idea.