API 0.00% $1.53 australian pharmaceutical industries limited

Ann: WES:Proposal to acquire Australian Pharmaceutical Industries, page-32

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  1. 15,896 Posts.
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    I did say earlier that I thought this was a fait accompli and they had stitched up the deal already. I have second thoughts about that.
    SOL may well have sold their holding to WES for a $1.38 a share, and I expect they didnt lose a shekel on the deal. That is a risk WES is taking. WES have 19% BUT the general public own close to 59% so it might be in play for a while yet.
    And I am sure SOL dont have anyone on the board to push their weight around.
 
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