IMO the worst is over ...
The AGM is sure to enlighten us all ...
People invest in companies for many different reasons... I have mine but I am the first to admit I have made mistakes before; for example:
I bought Bluescope Steel a few years ago @$3.45 ... it got to around $8 so I sold it thinking what a champion I was ... within a few months it reached $14.50 ... not so smart after all ... hehe
All I suggest is people look closely at this company's fundamentals; offset those against the possible fine we could face in the USA; then counter that with the enormous holdings the directors have; then compare those items with the huge fall in SP over the last 12 months; then perhaps throw Sanofi's recent declaration of 13.2% increase in the USA market recently; assess the potential further reduced margins in generics due to USA government objectives pertaining to same; then estimate what the new factory 'cost savings' may be in the future and the new drugs being added to the pipeline and I guess derive your own opinion from there ?
It's not all champagne and chocolates, but it's not all doom and gloom either(again IMO)
GLTAH
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2 | 1582 | 5.010 |
3 | 1286 | 5.000 |
3 | 2874 | 4.990 |
1 | 104 | 4.980 |
Price($) | Vol. | No. |
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5.110 | 1182 | 1 |
5.120 | 90 | 1 |
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