Street talk confirms CW tendering out wholesale business, page-40

Sigma has a poor record as to honesty with declaring true profitability which started a few years back when they funded the start of CW and others yet for some reason other pharmacies got slamed out of business but not CW. How much of SIG business turnover and profit is with CW and imagine if CW where to go into receivership because the Health Minister was convinced by my lobbying that the the free trade government they espouse to be should let Coles, Woolies & Target operate full Pharmacies in some or all of their stores? How much risk is SIG carrying with one big customer like CW and would you trust CW financial reports as much as API? On other hand API has been able to expand the Priceline franchise into a great brand and nothing like AMCAL imo. Priceline could easily continue trading without much of a worry but maybe Amcal would struggle without the government protection it still enjoys today.

How do protected pharmacies feel about having to rely on the support of successive heakth Ministers and Politicians in every state and what's the possible cost in donations to keep the cartel going? It's a high risk business imo having politically based monopoly arrangement and so the valuation of any protected industry should be discounted by more than is currently the case don't you think?
Is it not better and safer to have and operate a business that politicians can't keep coming and asking for donations in the knowledge that the Politicians hold all the cards at every election?

It's a standover tactic that crime gangs have used for years and Politicians can achieve the same but in a more subtle way. And with all this government protection it seems that 1700 pharmacies are still at risk of closure? Why?

API is superior imo as to security and I would advise against merger with SIG because it's too risky a proposition. Imo only and most would disagree. Dyor but politicians are the ones who have a hand in your equity investment anytime they want they can come knocking for donations eh?