I dson't hold IVC shares, the only reason being most of us don't have the funds to invest in every ASX-listed entity.
In unprecedented adverse trading conditions - mortality rates down in nations like Australia and NZ, funerals either prohibited for some time (NZ) or restricted to a handful of attendees (Australia) and hardly anyone able to avail of IVC-provided 'wake' catering, or wanting higher priced caskets - IVC has managed to restrict the loss per share to 6.9 cents, which seems a good result.
Obviously the dividend has been hugely slashed but if politicians like Daniel Andrews, Annastacia Palaszczuk, election-facing Mark McGowan, Peter Gutwein and Steven Marshall would return their economies and social arrangements to 'normality' instead of shutting down state borders for minor numbers of COVID-19 cases- the three Labor Premiers are the worst, with Andrews taking the cake - IVC might face pretty much a 'business as usual' environment.
Only NSW with stellar Gladys Berejiklian has been almost 100 per cent sensible from March 2020 to today.
Were I an IVC investor I'd consider in the circumstances, it's about as good a result as one could expect.
I dson't hold IVC shares, the only reason being most of us don't...
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