ST1 chart, page-51

For the year to date, long term holders know that ST1 has fared badly, with its spot price eroding by about 1/3^rd.

I compared this performance against Uniti (whose market capitalisation is 6-7 times larger). The beginning and end results are almost identical:



Unlike cafes or cinemas, I assume most of ST1's operations can be conducted remotely, and that most installations can be done away from large gatherings of people etc. Right now, I feel the biggest risk is not in the provision of services, but rather an interruption to revenue (if customers are seeking payment relief).

I wonder if the customer split between (businesses vs. residents) will influence this. Customers in both market sectors are affected, so I might have to pull out their past reports/market updates that showed some kind of customer split, their largest customers etc.