API australian pharmaceutical industries limited
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It copped the same blow today as SIG. One of the drug companies...

  1. Nightmarez3k
    6,521 Posts.
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    30/10/17
    19:14
    Post #: 28325871
    It copped the same blow today as SIG.

    One of the drug companies decided to direct distribute.

    SIG claimed it will impact 1 percent of revenue.

    If it is the same for API will be insignificant given 5 percent growth naturally.

    Also the pharmacy PBS vs retail items mix of API may lessen this impact.
    API Price at posting: $1.53 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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