$Medtecs Intl (546.SG)$ during the initial phase of the prev...
$Medtecs Intl(546.SG$ during the initial phase of the previous covic-19 out break, medec was at arround $1.90 in 2020, don’t you think this price will repeat again if this round of covic getting ugly? ……I can only say it may happen, who knows?
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104216943 : Go ahead,
Deep Sea : The highest price in year 2020 pandemic is 1.98 to be exact. I sold off at 1.72 when vaccines are out and price starts to drop.
Deep Sea : It’s unlikely to hit pandemic high price when vaccines are out and now is endemic.
bullrider_21 : 2020 was a bubble. Customers over-ordered and glove makers opened new plants. The vaccine was out early.
In 2021, Chinese competitors entered and undercut them. There was overcapacity and prices dropped.
So it is unlikely for the price to reach the 2020 high again.