The rapidly evolving marketplace around a vaccine for COVID-19 and ongoing management has taken another turn in the right direction with biotech company AnteoTech (ASX: ADO) readying for clinical trials of their Antigen Rapid Test (ART) which can be done using just a person’s saliva sample. The ART is another medical advancement in the market
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One neat investment theory of the pandemic era is that the deathcare industry provides the perfect hedge against the human cost of the pestilence and the ensuing economic chaos. But as with having blind faith in gold as a safe harbour, the notion of funeral parlours as a defensive certainty should be dead buried and
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Retail in Australia has changed forever as a result of COVID-19 with Mosaic Brands (ASX: MOZ) the first large ASX-listed fashion retailer to announce mass closures of their retail network where up to 500 clothing stores will close permanently over the next two years. The announcement to reduce their network of more than 1,333 stores,
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Amid the boom of retail investors entering opportunistic penny stocks capitalising on COVID, many are now under the watchful eye of ASX regulators after share price pumps led by business pivots into hygiene product supply such as hand sanitiser. Just one of many to do so at the start of the pandemic, food production company
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With Queensland’s swift management of COVID-19, the Sunshine State is set to recover quicker than its southern neighbours and the State Government is aiming to restart its tourism industry via a $69.9m support package for Ardent Leisure (ASX: ALG) which will re-open Dreamworld and WhiteWater World in September. The financial assistance packages totaling $69.9 million
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