API australian pharmaceutical industries limited
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Ann: Woolworths withdraws non-binding proposal to acquire API, page-6

  1. Footmax
    15,532 Posts.
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    09/01/22
    08:40
    Post #: 58730938
    Troubling part is that Woollies - without giving specifics - claim that, after their due diligence, API's financials were wanting. Not sure what they meant by that.

    Maybe the 20% WES has scared them off but maybe something more serious.

    As you say, API shareholders have missed out - to the tune of over 20 cents a share.
    API Price at posting: $1.52 Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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