Hunter Trading

Equities Trader (ASX, Commodities, FX, Crypto, Futures)

[Hunter Trading @HunterTrading_]

@pingu4ty @Aussie_Dad5 The underlying commodity goes up and down hence the 10% gst can vary based on the underlying

[Hunter Trading @HunterTrading_]

@pingu4ty @Aussie_Dad5 53.7 cents of excise tax per litre ex gst for diesel (59.07 inc gst) plus another 10-20 cents of gst on the other pricing components.

[Hunter Trading @HunterTrading_]

@ContextJitters @AvidCommentator Spot on

[Hunter Trading @HunterTrading_]

@SnapBackAU @AvidCommentator Possibly heading there to load, unsure though

[Hunter Trading @HunterTrading_]

@mineralstocks Actually crack spreads for diesel are far higher than what is shown above. Singapore gasoil quote was 290/bbl tonight (this is what all fuel in the Asian region is bought and sold on) and with Brent at 112 currently cracks are 178/bbl currently. lower for jet and gasoline.

[Hunter Trading @HunterTrading_]

@Tbone_Flusher @mineralstocks The problems with the NYMEX Singapore gasoil platts (shown above) is that it’s at 200/bbl but the actual Platts Singapore gasoil is at 290/bbl. This means actual crack spreads in the Asian region are far higher than what is modeled above.

[Hunter Trading @HunterTrading_]

@Alpaca_Capital @Cyclops_Trader Agreed though - for the size of the petroleum industry, it is largely un-sophisticated at the domestic level

[Hunter Trading @HunterTrading_]

@Alpaca_Capital @Cyclops_Trader Hedge would be “perfect” because you can trade the derivative (gasoil 10ppm) which is the marker used for all imported fuel in AUS. Imperfect parts of the method-you can’t hedge the margins put on by domestics suppliers and variance in actual vs forecasted usage needs adjusting

[Hunter Trading @HunterTrading_]

@Alpaca_Capital @Cyclops_Trader Hedging costs pre-war were anywhere between 30cents/barrel and 1$/barrel if purchased through the OTC market. When converted to AUD/Litre is roughly 0.3 to 1 cent per litre (AUD). Very cheap risk management in my opinion and lots of companies I think were not prudent enough.

[Hunter Trading @HunterTrading_]

@MyraGurney @GrogsGamut This has to be satire

[Hunter Trading @HunterTrading_]

@cockroachBLUE Pisspoor reffing

[Hunter Trading @HunterTrading_]

@caIIumchen Looking at switching platforms, is this Invast or fp markets ? Nice trades also 🍻

[Hunter Trading @HunterTrading_]

@RobertR67944613 @fulovitboss Been going to dicky beach for years. Haven’t heard of it, where about is it ? Will have to try

[Hunter Trading @HunterTrading_]

@PilbaraWandy Wade is a tough competitor. Underrated imo

[Hunter Trading @HunterTrading_]

@SJosephBurns Risk Management Is Priority

[Hunter Trading @HunterTrading_]

@Fraser__Terry Huge numbers

[Hunter Trading @HunterTrading_]

@Fraser__Terry Get that bag 🍻

[Hunter Trading @HunterTrading_]

@Blsellhigh $GOR

[Hunter Trading @HunterTrading_]

@GeorgeBakhos1 Melbourne storm past decade. Unbelievable consistency