It’s truly astounding, isn’t it? Elliott Management tried to shake some sense into the board to ditch the cosmetics witch. Instead, they gave the lame dame an overwhelming vote of confidence. How’d that work out for everyone? Well, add up the total value of your GSK and Haleon shares and compare it to your account value the day before the demerger. I’ll save you the trouble/heartache. It’s down 28% in less than two months.
Yet, not even a single rumor of another pharma company making a bid to buy the company. Even bargain basement prices can’t entice a real company to take on this woke broke disaster. But hey, at least the lame dame cashed in on $3 million of her shares prior to the crash. Poor thing really needed it, too. I
mean, she only got a 17% raise this year, when the company average was 3%.