API
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0.00% $1.53 australian pharmaceutical industries limited

HelloWith API trading currently at 1.485 at the time of writing...

  1. walkingframe
    10 Posts.
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    30/09/21
    12:35
    Post #: 56463606
    Hello
    With API trading currently at 1.485 at the time of writing and with WES offer of $1.53 per share cash offer is it implied that, for the sake of simplicity (not taking into account Sigma's offer) and assuming API management accept this offer from WES, API shares are trading at a current discount of 4.5 cents? Why aren't they trading closer to the value of the offers from Sigma and WES?
    Thanks!

    API Price at posting: $1.49 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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