Contang’o (-ngg-) n. (pl. ~s) implies that prices will be higher in the future than today. [orig. unkn.] The market is said to be in contango when the forward price is higher than the spot price.
Contango Group has been established to provide investors with the opportunity to access the benefits of investment primarily in the Australian share market utilising the portfolio investment and management skills of Contango Asset Management Limited.
BCC Price at posting:
6.8¢ Sentiment: Hold Disclosure: Held
