Healthcare is exactly where you want to be in recession. People still grind their teeth in a recession, still snore and still need mouthguards. Actually they would then look at quality products at a more affordable price like gameday Mouthguards.
Same applies for oils. If they need it they will find away to access it if it alleviates pain.
This phenomenon is similar to Alcohol sales in a recession. The stress can lead people to consume more beer, wine spirits to forget their money troubles.
So in my opinion IHL is recession proof to some extent.
- Forums
- ASX - By Stock
- IHL
- Ann: First Key Appointments to Medical Advisory Board
Ann: First Key Appointments to Medical Advisory Board, page-56
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IHL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online