API australian pharmaceutical industries limited
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Ann: Revised Non-Binding Indicative Proposal from Wesfarmers, page-11

  1. Footmax
    15,533 Posts.
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    16/09/21
    13:27
    Post #: 56117199
    If the offer had been made 6 months from now then $2 would be reasonable. COVID-19 restrictions will be relaxed into the future.

    Westfarmers were quite astute ith their timing. $1.55 (including the dividend) is a good price for them.
    API Price at posting: $1.48 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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