| Ascendis Health may be thankful that it couldn't agree on a price for the sale of its Remedica business in Cyprus last year. Due to Covid-19, Remedica's products are very much in demand now, particularly chloroquine, which the US Food and Drug Administration has authorised for emergency use for severely ill patients admitted to hospital. Its shares rallied as much as 35% yesterday after it outlined the current potential for its portfolio of drugs and medical devices. Sasol's shares, on the other hand, fell after it said it was cutting production at its Natref refinery due to dwindling queues of motorists waiting to fill up their tanks due to the national lockdown. Still, its shares have done well this week, recovering some of this year's staggering losses. In their latest report on the current turmoil on global markets entitled "The volatility of low volatility", Ingham Analytics note that low volatility stocks haven't been spared from the massive sell-off in equity markets. Follow this link for another valuable analysis by Ingham Analytics aimed at helping traders and investors navigate this unprecedented turbulence. Staying with volatility, "The Market's Twin Towers" Part 2: Volatility follows on from "The Market's Twin Towers" Part 1: Liquidity and is a must read as a complement to that. Top trader Andrew Kinsey explains why volatility is often overquoted and substantially misunderstood and looks at the paradigm shift in markets between 12 February and 12 March 2020. Is this extreme volatility likely to persist? Click here to read it. Also in your newsletter today, updates from Naspers and Tiger Brands, as well as all the latest mergers and acquisitions news from DealMakers. Finally, as we enter the Easter weekend your donation could help alleviate additional hardship on vulnerable children due to the coronavirus. Please follow this link to find out more about the Vuleka School crowdfunding initiative. Enjoy your long weekend. I'll be back with more on Tuesday. Stephen Gunnion Managing Editor, InceConnect
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