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Ann: Trading Halt, page-50

  1. 635 Posts.
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    Coronavirus cov-19 is going to keep spreading. The infection rate is 2.5-4.9 meaning every 1 person who gets the virus infects 2.5-4.9 others. That puts it on an exponential curve. A doctor friend keeps saying the Spanish flu took out 50 million people and that was back in 1918 when there were less people on the earth and we were way less interconnected.

    we are starting to see cases spring up in Hawaii, Japan and Korea where the spreader had no connection to China. I personally only think it will get worse before it gets better. I live in Bali and this place is a ghost town compared to what it is usually like.

    because of the shut downs in China we are also starting to see the knock on economic effects and tourism is also getting slaughtered. It is a no brainer to invest in any company making products that help fight the virus and it is only a matter of time before it comes thru in their profit returns. Instead of bickering about who is doing what and why people are selling or buying we should all work together to identify those companies on the asx that will do well out of this mayhem and let’s all make some profits together.

    team work benefits everyone on the team
 
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