API 0.74% $1.35 australian pharmaceutical industries limited

Ann: API response to Pfizer announcement , page-4

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  1. 4,717 Posts.
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    noellyn

    i believe you to be a pretty good judge - why will that hurt so much?

    we have a revenue loss ( plus possible one off expenses to adjust to that ) but in terms of profit how much were they making on pfizer products - i would hazard a guess and say not much as margins in drug dist'n are very slim in their accounts

    i bought into this stock mainly on the priceline story and i did hope the pharma distn had seen the worst - that was obviously only hope!
 
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