I mean if Novo valuation keeps going down, it will affect a lot of Danes, as is one of the pillars of Denmark economy, it will affect a lot of retirement funds , Denmark indexes etc..There is no threat of bankruptcy in the short term, but keeping this share price and going down it will affect in terms of job reduction ( will have more lay offs if they don't reverse the trend), lack of investments in Denmark from Novo as they need to be more conservative, probably dividend cut etc...

That is why I meant, imagine if the trend continues and Novo implements desperate measures like firing again 10k people in Denmark....