I bought this and BUY for PEP11 gas exposure as I am in that area. BPH is in a trading halt to announce a covid19 deal.
Done some research on the subject matter and I think very smart. They are waiting for gas drill approval so why not take other good investments that offer high ROI in the meantime. The big money maker for everyone who holds will be drilling gas later in the year. But i spent a bit of time to educate myself over the weekend on this space. The UN says Coronavirus will cost the economy $1 to $2Tn.https://news.un.org/en/story/2020/03/1059011
Governments will never want this to happen again. I like what Taiwan are doing and I think this will be the norm worldwide soon. They aren't in crazy lockdown like we are here in NZ and you in AUS. https://www.nbcnews.com/news/world/taiwanese-authorities-stay-vigilant-virus-crisis-eases-n1188781 1. Peoples temperatures are taken at all major buildings and spaces to track fever 2. People to wear face mask in public places "With many people taking mass transit, everyone must wear a mask when they take a subway, train or bus." 3. More testing 4. Sanitiser given out at all major buildings and spaces "At the entrance or lobby of almost every public or private building here, there’s at least one bottle of alcohol disinfectant spray or a hand sanitizer dispenser for people to use."
On the ASX recently there has been fever tracking stocks. Face mask and PPE suppliers. Testing kit providers. Sanitiser companies all running very strongly. Taiwan is leading the world by example. If BPH can target 1 of these areas it will be great. These products will be in demand for coming years.
