Nope, that applies to laurus also.
You must have some thesis pointers which made you buy this business. If those are broken, why didn’t you sell it.
You must have done some valuation analysis to enter at the price you did. Did you pay too much for growth or was it fair value accounting for any headwinds that come in a general ARV,non-ARV, growing CDMO, fertilisation yields business.
If not, the business is available at a lower price than yesterday. This is a simile to buying clothes on sale.
There’s a lot of talk related to paxlovid. Is it a permanent issue or just another event in passing time?
If someone knew right advise about Laurus , that could only be god. No matter who sold it in Jan, May etc. The truth is only time will tell whether they were right or wrong
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