Be highly sceptical about what you hear on the media. I work for a school whose directors predict a reopening in 6weeks. If this happens the same will follow suit for other Australian businesses. Keep in mind three things:
1. China and Australia already fattened the curve and are doing among the best compared to other countries
2. Businesses are now operational in China
3. Covid19 helped ALL dairy companies grow in sales and will continue to do so
In terms of baby formula, KTD has announced several times that they have the capability to manufacture it now. This ought to be prioritised now IMO
KTD Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held
