Agree. IHL has plenty of cash and is arguably in the best position it has ever been in. It is working on global health solutions addressing epidemic like ailments such as sleep apnea - which affects almost a billion people worldwide. The death rate due to complications is significant. If you look at the numbers that IHL is looking at addressing re potential patients compared to Coronavirus, it's very interesting.
Just to keep things in perspective, a very interesting video going around from a mathematician re Coranavirus. He states that "when everyone is worried, you don't need to worry but when no one is worried you need to worry". What he goes on to say is that the exponential growth curve in infections is markedly affected by even small efforts re isolation, washing of hands and general hygiene.
When everyone is "worried" that effect accelerates quickly and results in a rapid drop off in the spread curve. It's maths. After a period of isolation, what we are seeing in China are very low new cases, closure of makeshift hospitals and reopening of supply chains. The model seems to be working well for Sth Korea as well.
The newer infected countries may be like microcosms of these experiences. Once some effort to isolation and care is exersized (which is NOW) the maths re exposure fall rapidly. So in these cases, the virus has not spread to everyone when containment measures are put in place and the exponential curve of infection drops off rapidly.
So, it may be reasonable to expect that this will repeat in other countries and as these measures seem to be in full swing, things may swing around quite quickly.
Moral of the story - know your stock and be brave when others are fearful.
IHL Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
