I agree geo, the current reality is that corona is spreading, it's not contained, and the future global economic impact is unknown at this point given mortality rate is unexpectedly edging closer to 4%.
Even players interested in STX assets will be on pause now with this level of global uncertainty and STX will follow all the rest of the stocks down as the uncertainty remains.
Central Banks can't fix this with washing the world with cheaper funding as there will be IMO significant manufacturing, supply chain, service industry physical disruptions and the list goes on to lower energy demand in the short term,
https://www.cnbc.com/2020/03/03/who-says-coronavirus-death-rate-is-3point4percent-globally-higher-than-previously-thought.html
IMO
DYOR
I agree geo, the current reality is that corona is spreading,...
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23.0¢ |
Change
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Mkt cap ! $659.0M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.5¢ | $376.5K | 1.646M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 1161664 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 3741037 | 57 |
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