API australian pharmaceutical industries limited
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  1. HasaDigaEbowai
    380 Posts.
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    27/12/21
    19:31
    Post #: 58530311
    Woolworths bid is conditional on due diligence so they could walk away from it at any time.

    would argue it only becomes superior proposal once woolworths can't back out.

    the only firm bid on the table is from Wesfarmers at $1.55 which is why the board are supporting it.
    Last edited by HasaDigaEbowai: 27/12/21
    API Price at posting: $1.73 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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