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Corona Virus impact, page-7

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kittyboomboom

3,808 Posts.

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30/01/20

23:01

Post #: 42657327
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Originally posted by 2000: ↑

You might think that the fact they mentioned coronavirus in the release indicates a degree of sensitivity. It will be contained, and there will likely have been a lot of over-reaction, but Mista_Trix is right to acknowledge that markets are always super-sensitive to this type of event. I wouldn't think of selling for even a nanosecond, but the market drift does offer a chance to pick-up what few shares there are on offer at a great price.

Btw, if you really want to look for the silver lining in this, then go for (eg) US giant 3M, where this very reliable stock has been depressed of late following a CEO change, slower growth and some reorganisation; they will get a huge unexpected bonus in their masks and general protective wear operations worldwide.

Coronavirus has, of course reached Nanjing, which is not really very far from Wuhan in Chinese terms, but I agree it should not impact production. The SP will, however, be affected by sentiment, whether soundly based or not, but it is equally certain that it will recover. This is not just an ASX phenomenon by any means. Have faith ! 2000.

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Great visual to assess likely effect of Coronavirus on markets, something tells me we'll be ok

VMT Price at posting: 26.5¢ Sentiment: Hold Disclosure: Held
6 Upvote

3 Great analysis

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(20min delay)
Last 11.5¢		Change 0.000(0.00%)		Mkt cap ! $48.09M

Open	High	Low	Value	Volume
11.5¢	11.5¢	11.0¢	$23.43K	207.3K

Buyers (Bids)

No.	Vol.	Price($)
3	105636	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	54075	1

View Market Depth

No.	Vol.	Price($)
2	55636	0.110
3	78257	0.105
3	24500	0.100
1	33000	0.090
0	0	0.000

Price($)	Vol.	No.
0.115	54075	1
0.120	104333	2
0.125	140106	3
0.130	447698	5
0.135	72237	1

Last trade - 14.59pm 01/10/2024 (20 minute delay)

VMT (ASX) Chart

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