APE has less debt and works on higher margins I think. The high...

APE has less debt and works on higher margins I think. The high gearing ( in today's market ) of AGH has always worried the market.
I think that the APE holding is an insurance policy. If AHG get too much of an edge APE has the option to make a take over bid. I am now starting to think that this is unlikely and would it be blocked ?? APE have had a number of opportunities to make a bid when the share price has weakened to $3.70 ?
Share price appears to trade between $3.90 and $4.40 these days. Cannot get a run beyond $4.40
What worries me as the vast majority of retail stocks have come off and some have beed hammered as a result of not meeting targets. The same will happen to AHG if they do the same ? The last financial report was not as gun ho as the previous few. Lets hope the sales hold up.