API 0.74% $1.35 australian pharmaceutical industries limited

If there is a takeover bid ???? Would the buyer come in with the...

  1. 4,131 Posts.
    If there is a takeover bid ???? Would the buyer come in with the usual 33% on the say 2 dollar price . Or would they come in with a knockout bid due to the make-up of the shareholders list? The shareholders are a lot of Chemists that did not sell when the price was smashed during the GFC .
    So the price would have to be really good now or not? Comments?
 
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Currently unlisted public company.

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