API australian pharmaceutical industries limited

They took the whole year so maybe the 3 cents has already been...

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    They took the whole year so maybe the 3 cents has already been paid.

    I am curious about one thing - maybe someone can enlighten me anyway.

    The offer is $1.55 including the 5 cents paid out in dividends. That works out at a $1.50 cash component to shareholders. Beats me why people are still buying in at $1.53 - and I suspect there is zero chance now that Westfarmers will feel the need to increase the offer at this stage.
 
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