Daily Market Blog: Aspen scores again
23-JAN-15
"The therapy (which sounds like a one trick druid from the Asterix series), is an anti-coagulant and compliments their recent acquisitions in this space. It is currently only available in Germany, Switzerland and Austria. Subject to approval from the German competitions authorities, they will fork out that fairly sizeable sum. The product is pretty small for now, having revenues of only 68 million Euros only."
To market, to market to buy a fat pig. Wow, up, up and away. Not as much here locally, that was due to a weakening Euro relative to the Rand, Dollar strength and that led to general emerging market strength. Flows in equal stronger currencies, that is not necessarily good for the dual listed businesses, even though they would have had a tailwind from their primary listed prices. Why did we get these on fire markets? As the message headline from yesterday suggested "il QE", it was our version of trying to make quantitative easing sound more European. Italian of course. Our Italian is sadly confined to eating Americanised Italian food, the original pizzas do not have cheese on them, they were made for poor people, flatbreads.
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