Further to my comments on nCoV, more data is now coming available.
The mortality rate in Wuhan is 4.9%. I suspect this is due to the delay in response.
To get a handle on the potential impact of this disease, please visit
https://www.worldometers.info/coronavirus/coronavirus-death-rate/#study
This outbreak should not be taken lightly.
We will know more in a few days about factory closures and impact on the corporate sector as many were expecting to reopen this week.
Cyclone Damien is going to cause a bit of havoc in the Pilbara, Ashburton and Murchison regions.
Not sure if it will get to the eastern goldfields.
Expect some temporary closures.
This will be a buy the dip opportunity.
Should start seeing information from miners filtering through today.
