API australian pharmaceutical industries limited

Just to provide a bit of balance. There is also the possibility...

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    Just to provide a bit of balance. There is also the possibility that the deal doesn't go through after WES does their due diligence. It's a possibility and that may also be a reason why there are people selling out.

    My personal opinion is that this might not be the case and WES is getting a good deal. API is ~1% of the MC of WES. It is a likely reason the SP has moved up and stayed steady. I am with Footmax, we might get another offer in the month of DD. I think WES started the DD on Saturday and that is to be able to wrap things up as quickly as possible before someone is smart enough to react to the bid.
 
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