Intelligent Investor

Sigma Company Limited

By · 31 Jul 2002
By ·
31 Jul 2002
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The motto being repeated at API and Sigma headquareters is: 'if at first you don't succeed, try, try again'. That's what they're doing with their merger proposal which has been put before the ACCC for a third time. Last time the ACCC rejected the proposal on the basis that it would reduce the service level to pharmacies and consumers. We don't mind a growing company like Sigma at these prices, so even if the bid fails for a third time, we're happy for shareholders to HOLD FOR THE UPSIDE.
IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.
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