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They haven't announced how much as the completion is not yet done. I guess we have to wait for few months until they see all the paper work and cash in.
https://uk.finance.yahoo.com/news/doubts-grow-over-future-astrazenecas-152954851.html
@denby69 it makes perfect sense as I tried to fiddle with AZN and I lost due to the wild upswings so I don't date to sell GSK as it does not have enough volatility.
Sorry you sounded as a serial shorter and I simply couldn't see the business case on GSK. Thanks for clarifying.
GLA
@TR64 Goodness graciousness me !!!! what are you talking about ?
"Suspect the UK are dragging there heels on saving UK lives" are your really serious or you would use any absurd argument to push VIR again and again and again ? UK has created AZN and has one of the top vaccination rates, AZN is sold around the world and distributed at no profit
I am stunned and many times speechless of the delusional statements you make.
People lost money on your reckless advices. People here, do not fall pray as others who got burned by TR64 delusions
DYR GLA
denby69 - explain me again your business model as using all your disclosures you managed to pay for a double stamp duty and you are at the square 1
IMO it will fall a bit further because there will be no crystallisers until the next announcement and no significant changes for the next 3-4 months .... So I really wander what you sell us with your shorting as in my calculations you just keep going in circles paying fees you are no better off than before you shorted IMO - you can of course graciously disagree
@ lse2000 easily said than done, falling knives turn upwards unpredictable and with an amazing speed .
"If you are expecting it to go down, selling all you shares and buy it again at lower price.. If you cannot think on your own, you should not trade stock."
Your statement is narrow, not generally valid as no one can predict the market , presumptions that your intelligence is indubitable superior than others here and offensive.
I would not advise anyone to take your advice as a mantra as I lost a batch of AZN when from a drop of over 20% it turned so sharp upwards as I could never regain that position.
You may need some time of reflection as you don't hold the ultimate truth and knowledge
Poker, Fat, Toff and some other GSK acquaintances, I am surprised to see you all here as well. Thanks for all the GSK support pots in the roughest times it gave me strength not to fall pray to the shorters now everything well in green
Hopefully it will be the case with BT as well given that no consideration was given to Drahi cost cutting skills and the cyber security new direction...
I see some posts that the market reward growth better... well this is partially right as it is mostly a pump and dump easy narrative. Thanks God I exited AVON that it plummeted 40% . So maybe we should use that the "market reward" only in the context of a lucky escape as I had one otherwise people got trapped on that high valuation for at least 3-4 years....
IMO it is an amazing restructuring opportunity, I will top up if lower
GLA
LSE codes buy as higher than median bid offer and sell lower than the median - I was told; do you have any other explanation?
The reason I asked was that I could see a lot of allegedly buys yet the SP was dropping and I could not get it. Then I went on Yahoo Finance and the transactions were codded the opposite colour, the large "buys" were actually sales therefore the sharp drop in SP.
Question: des any of you have a reliable source of info if there are buys or sales as we can figure out when the trend would be reversed... IMO
thx
Thanks a lot ROCKETVI as I had a panic attack. I didn't know about the offload and I bought on top, now I am better that I understand that it is not a naked offload but in exchange of a book asset.
I really need to do another entry to decrease my avg otherwise I will get stuck for years on the current position
Thanks again !
@Slikoil The sale of an approximately 6.6% holding by Swiss Re is expected to close on June 25th, 202, so 3 months is 25th Sept . I am not sure if we are able to calculate how many shares out of 66,199,917 had been sold in the last week or so it may be some few more weeks of pain to stabilise IMO.
Any other thoughts?
Tomahawk I found the info/ links but this is @@@@ scary as I am not sure when the SP will go back to7 if ever as now HF will build a massive position on low prices and no interest to raise it above 7 as they would have anyway 15% upside from here ....
Any thoughts?
Jonnie5 why do you sell at 31? you don't trust that it will go higher or you have a fix operating margin?
thx
Thanks Clued, I got the wrong entry point at 695 stupid me, as I looked only to the last year trend not the 5 years.... I have to bring the avg down.
I know that you don't have a Chrystal ball but do you think it will fall further as I can't sustain any more loss
Cheers,
@ Slikoil thanks as well.
You/ we have to keep posting sensible opinions and mute the rampers/ de-rampers and abusive people. On other boards I reported them and LSE blocked them, so we can maintain a decent conversation
Thanks again