API 0.00% $1.53 australian pharmaceutical industries limited

Ann: API HY20 Results Conference Call Invitation, page-9

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  1. 14,164 Posts.
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    I still believe they have good fundamentals - and I can't really put my finger on why the SP is so subdued. I will be honest and say that the SP is looking like a nice buy in price.

    They suspended the payment of dividends so they will have a bit of cash in reserve. Can't see them as a failing concern.

    COVID-19 is not treating them well - discretionary buying will have dropped dramatically. If I had shares I would hold as the value lies more in the future maybe than looking at it now.
 
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