VRX 1.43% 6.9¢ vrx silica limited

Anyone that thinks we are going to make squillions as soon as...

  1. 4,080 Posts.
    lightbulb Created with Sketch. 1143
    Anyone that thinks we are going to make squillions as soon as the MLS are issued are dreamin'. The world has changed basically overnight. 200000 people have lost their jobs today just in Australia. The ramifications are huge. Australia and NZ will peak in around 6 weeks in terms of impact.
    World businesses won't be anywhere near ready to spend bucket loads for at least 6 months. Even then, I don't think the world will even be 50% back to normal in 12 months. This will take a long, long time to recover. And recovery will be slow.
    I am still bullish about V but the world is now a very different place to what it was even 1 month ago.
    Keep safesafe fellow V holders
 
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