Cash at Glaxo SmithKline

Glaxo SmithKline is one of the UK’s largest firms.

http:/www.gsk.com

It is huge.

http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?csi=10042

A £67bn company. With leading medicines to fight HIV/AIDS, to everyday products such as Sensodyne, Aquafresh, Panadol, Beechams, Corsodyl, Day & Night Nurse, Nicorette, Macleans.

Earlier in the month, the famous and highly regarded fund manager Neil Woodford called for GSK to be broken up.

http://www.bbc.co.uk/news/business-35259184

Interesting to know the cash that GSK actually holds:-

http://www.gsk.com/media/841910/q3-2015-results-announcement.pdf

£5,908 Million. Yes, £5.9 Billion, a nice buffer for any potential opportunities.

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