Thanks for this! But I questioned API doing this for a reason, there must be a reason for them to do this "take or leave it"to their customers.
And I don't believe Sigma can do a lower deal which API cannot do, if the price is too low then a higher revenue with a negative profit is not sustainable.
API may lose some accounts/revenue, but may not the whole world.
BTW I bought some more today, not because I am loyal to API, but a general confidence that the sky is not falling.
I am expecting there is a day that API can again pay a 5c Dividend, which can give me a 10% plus return on today's share price.
I could be wrong, but it's a risk/return thing, isn't it?
API Price at posting:
29.0¢ Sentiment: Hold Disclosure: Held