Things are not that bad12 Feb 2021 12:01
My average here is around 1350p so I'm underwater by the next 12months dividends so a bit disappointed. I had a look at GSK video hxxps://youtu.be/AwV6tg-4dZc and wondered why the market reacted so badly. Separation plans on track, 20 products in the pipeline with 10 possible blockbusters etc etc etc. This is just the market attempting to take shares off PI's by depressing their capital value. If the divi was to be cut to say 50p from 80p, that still represents a decent return over cash. Further update in June I think will be better received and hoping the sp will recover back to my average by that time.