My confidence is being squeezed just like one of the Original Juice oranges.
Sure, things are very quiet on the sanitiser front. No new news about orders and it seems that distilleries and Breweries are now ramping up their own production. Is FOD a major or minor producer now? I don't know.
Of concern is with Mr. Li's money. I am not aware of any currency controls that would cause 'locked up funds'. My understand that the flow of money globally is unhindered.
However, I could understand his reluctance to tip in more money when half the world is in virtual lockdown for the foreseeable future. There is uncertainty everywhere. But he has skin in the game and is well and truly on the hook.
Where this goes, nobody knows, but sadly I cannot think of anything that will make the sp rise in a sustainable way.
Good quarterly, sanitiser orders...??? The are only short term blips.
It's the longer term that troubles me.
If anyone sees a fat lady stand up and reach for a microphone to do a sound check, politely ask her to sit down as this has a long way to play out yet....
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