API australian pharmaceutical industries limited

Ann: Director Appointment/Resignation, page-5

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    I am with you but I will come in at $1. I have only just taken another look at API. I held it in 2011 at about 25c after its warehouse was flooded in the Brisbane floods and it took a while but they overcame that devastating blow and I sold out well above $1. I notice one of the analysts recently called them as one of his 18 favoured stocks for 2021/2 with a low risk for >30% total return. Having seen them pull themselves out of the 2011 debacle and reading between the lines in the latest update I am getting back in at this level.
 
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