API australian pharmaceutical industries limited

Ann: Revised Non-Binding Indicative Proposal from Wesfarmers, page-33

  1. 495 Posts.
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    Hi @Sushie - if the takeover is accepted, then they will advise the date the deal will settle. If you are prepared to wait then the funds will reach your own account on or after this point. In this case you won't have trading costs (settlement and brokerage as applicable) and a guaranteed price but trade off is you have to wait till whenever they decide to settle.

    If you sell now yoy get the cash now but you will pay trading costs and you will have to take the market price which very likely won't reach the final deal price. Advantage is you get your money now.

    Hope this helps your decision making.

    GLTA
 
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