If API and Sip where fairly valued when they were each 29c, then API needed to fall and Sip had to rise.
I think the Aspen sale helped Sip in many ways.
Both raised their margin when they lost Pfizer. Sigma gained a lot if turnover back through the alliance but the margin is still higher than it was.
API lost the turnover, raised margin, and then lost more turnover.
Then there is the flood effect.
What is done is done and won't turn back anytime soon.
Maybe API should be higher ie 25-35cents but I think Sip should be much higher whether that is 50c or 70c. You won't know until the next years full year effect in the statement.
If API and Sip where fairly valued when they were each 29c, then...
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