As far as I can see Healthcare is one sector that could benefit from the spread of Coronavirus in Australia, which I think is inevitable. I think this week's sellers are just focusing on the general negative sentiment and not imagining how many supplies are likely to be ordered by hospitals and medical centres if a pandemic situation arises. Irrespective of the previously-reported financial situation this has to be a value buy for longer term at this price.
PGC Price at posting:
21.5¢ Sentiment: Hold Disclosure: Held
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