OrabandaFurthermore, suggest that you look at the Glaxo price...

Orabanda

Furthermore, suggest that you look at the Glaxo price and then tell me whether the price reflects the outrageous valuations that I am hearing on this forum.

Price fell on Friday and it is up 4% today. That is far from the value and earnings of 100m per annum.

Maybe the London market knows a little more. I suggest you do some calcs in terms of value using the 4% jump as the NPV that the market has factored into the price. You might be unpleasantly surprised.

I'll stick to my 1.10 close tomorrow.