What the flux podcast 2'30" mark
Main point; J&J sell 80% of their Kenvue holding banking $32B to utilise on investment in MEDICAL DEVICES/STRATEGIC ACQUISITIONS.
In listening to the recent activity of J&J and their focus on investment in new biotech I couldn't help thinking that PNV fits all of their criteria.
If they're willing to part with a third of their acquired funds from the Kenvue sale I would be a reluctant seller.
https://www.listennotes.com/podcasts/what-the-flux/qantas-ceo-steps-down-qQ4fLh96TFw/
PNV - Banter and General Comments, page-9989
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