Liberation Day in the US on 2 Apr 25 with Australia's pharmaceutical sector (most notably the Australian governments PBS scheme) in the spotlight. 50 million + shares traded today with a share price drop. Will Donald punish Australia with tariffs??? Will more shareholders sell ATH and thus send the share price lower??? Fear travels around the world at light speed while magnificent trial results are putting on their boots.
This is not down ramping, but a real possibility. It is reality that Donald Trump is POTUS. It is reality that tariffs is his favourite word. It is reality that giant US Pharmaceutical companies hate the PBS Scheme and have written to Donald Trump asking for tariffs.
ATH Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
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