API australian pharmaceutical industries limited

Can I pose a question I did a while back.If the WES offer is the...

  1. 15,532 Posts.
    lightbulb Created with Sketch. 2769
    Can I pose a question I did a while back.

    If the WES offer is the better of the two (particularly as the SIG SP has pulled back - and shares in SIG are part of the offer) and, API could well put out a 3 cent dividend, then why is the SP still going up? At the current SP, people buying in now would be making nothing extra if the WES deal gets up. The fall in SIG'sSP has made its offer less than WES's so maybe the SIG offer is dead in the water anyway.

    Why are investors still buying API at the current price - is there an expectation that the offer battle is still open? General question.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.