It could very well be black swan event.
It appears that the infection rate is shooting up much faster then SARS. Even though mortality rate is lower, still deadly enough for general panic. It appears that it's easily transmitted and transmitted human to human.
It looks like WHO will declare it global pandemic threat tomorrow.
But It's too early to know for sure how it will play out.
It certainly looks like it could throw in spanner into stockmarket and global economy as the first impressions are.
And by extent onto PLS if it results in factory closures and consumer confidence in China and globally, depending on how far and wide it hits with force.
We'll have to wait and see i guess.
PLS - 2020 chart thread !, page-262
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$2.89 |
Change
0.040(1.40%) |
Mkt cap ! $8.703B | |||
| Open | High | Low | Value | Volume |
| $2.78 | $2.89 | $2.78 | $29.90M | 10.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 39193 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.89 | 73947 | 7 |
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| PLS (ASX) Chart |