GSK spinoff HALEON (HLN)


It happened yesterday, supposedly the biggest European listing in a decade, but it seems no one here is talking about it. I use Sensodyne toothpaste and Panadol, but I can also live without them as there are plenty of alternative products.

I've been tracking GSK for a while (for its 4%+ div) but haven't pulled the trigger yet, my target price is about 10% off its pre-spinoff price, and now HLN has dropped about 10%.

What do you guys make of it? Perhaps too early? Thanks!


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