I wouldn't belive that at all. If it's a no deal Brexit, there will be big economic impacts on the UK economy, less so if there is a deal. But the uncertainty is the real impact on the share market. The share market hates uncertainty and you can't get anymore uncertain than Brexit - will it or won't it happen? Will there or won't there be a deal? What will the deal look like? What happens of Britain crashes out? That means Boris has broken the law. What will the parliament do if that happens? Will there be a general election? Or a referendum? Will Brexit be delayed? For how long?
Uncertainty, uncertainty, uncertainty.
That said, I'm going to top up my BVS holding if the share price gets down to $3.50
BVS Price at posting:
$3.88 Sentiment: Hold Disclosure: Held
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