As I've pointed out before they will struggle to get blood donations they can use, they put a 28 day embargo on people with seasonal flu who knows what it will be for Covid-19 and it will create a problem for CSL. Nothing they can't ride out I'm sure but they are still on a very high p/e and the entire market is getting sold off as punters unwind leverage and want to cash out. I imagine super funds will be selling as well. Is that an issue long term? Not really but the SP will be more likely to go down short-term than up.
CSL has more downside...and chat, page-13
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Last
$303.99 |
Change
0.890(0.29%) |
Mkt cap ! $147.1B | |||
| Open | High | Low | Value | Volume |
| $302.12 | $305.00 | $300.79 | $155.5M | 515.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 330 | $303.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $304.25 | 386 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| CSL (ASX) Chart |