Where is Fair Value?, page-28

People also think the world is about to cave in due to the corona virus. 1ST was one of the only stocks on the ASX in the green yesterday when the ASX was down 7%. You are a smart guy, you know as well as I do that buyers have dried up across the entire market. Any price action right now is due to huge macro forces not due to the quality of a business or otherwise. The only thing you can do in times like these is stay rational and if you have the funds, take advantage. The crisis has created many bargains across the ASX and this is one of them. You'll only recognise this in hindsight once markets return to normality, however long that takes.