I think you should be changing your sentiment to buy.
Lets assume your 6,000 tests a day is correct - I have no idea if it is or no
.And lets assume the tests were available 15 January and ramped up full testing to 6,000 a day by 20 January
So from 20 January to 2 February there have been 14 days of tests.
This means 84,000 people have presented as being infected or for some other concerning reason.
As at today, of those 84,000 people only 17,493 have been confirmed - or 22%
Of those 84,000 people 362 have died - or 0.4%
Of those 83,638 have not died. That's gives us a 99.6% survivability rate.
So essentially nothing to see here (as we have known), the markets have over-reacted or are being manipulated.We have half yearly results (for period end 31 Dec - ie just before Corona virus struck) coming out on 27 Feb.
Other then Hedlicker sudden departure there is nothing to prevent excellent results being announced At $14.70 you won't get much better buying.
A2M Price at posting:
$14.16 Sentiment: Buy Disclosure: Held
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