Wesfarmers didn't have as much exposure in the industry, that's why ACCC approved their merger with API. Talking with mates in the industry, all speculation of course, they're saying the SIG merger won't go through because of the monopolistic power that the combined entities will hold and thus consumers will be forced to pay whatever these folks want to charge for drugs. Would not be surprised if this merger falls through on this basis and will buy more shares when it falls after the market prices it in.
Wesfarmers didn't have as much exposure in the industry, that's...
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Last
$1.31 |
Change
0.005(0.38%) |
Mkt cap ! $2.129B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.34 | $1.29 | $22.96M | 17.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 198520 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 638785 | 14 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| SIG (ASX) Chart |