I'm thinking a big oopsie this morning on the ETPMAG fund. 1348 ounces purchased in two trades for $26.69 and $26.70.
Given the current metal entitlement of .9769 oz per unit, and a spot price around AUD23.20 these things are valued at around $22.66. Current bid/ask is $22.70 and $23.09. Well done to whoever sold it, nearly $4 per ounce above current market. I wonder how it happened?
