I will be loading up the order pad if it falls to the 1.40 mark.
Amazon/API competition to the side for one second. The headlines look like Discount Chemist Warehouse is posturing to list on the ASX. Now this I find interesting because they have a very strong partnership with Alibaba and move a lot of product through their Tmall (refer recent singles day sales figures)
Its just a cold fact that to compete against amazon, API and all other retailers have to streamline their game. Perhaps Discoumt Chemist has paved a possible path for Priceline to follow?
API Price at posting:
$1.48 Sentiment: Buy Disclosure: Not Held