Another 14% combined loss today11 Aug 2022 11:50
10% Haleon and 4% GSK loss so far today. No press response from GSK or Haleon. I was a in favour of the split but GSK should have accepted the Uni offer. Decision not to sell has basically wiped 15 billion off the SP plus the 10 billion debt Haleon was loaded with.
In any other walk of life the entire board would be clearing there desks. Emma and her BOD’s have failed miserably here. All she talks about is unleashing share holder value yet she just lines her pockets, slashes the dividend and will undoubtedly have to walk soon……….. BUT in excess of £50 million pound richer for the privilege.
My guess is Emma will be gone in the next 4-6 weeks (praying for this anyway)