breakout, page-2

Spoke to API recently and they were very tight lipped re anything. They did not think that API could be compared to Sigma. Different businesses. No manufacture involved with API especially with generics.

I read that Sigma paid too much for take overs , paying 25 times instead of x6. I expect that the market did not like Sigma for obvious reasons now exposed. I believe that API were painted with the same brush

API is aiming towards 400 outlets by this time next year. I would like to know what the profit is on average per store. Is it $100,000 or $250,000? Profit could be $40m or $100m. Does anybody out there in retail have a view as management are very tight lipped. What was profit last year? $28m?