We are getting very close to a decision about the merger with WBA and because of the fact that there is still some possibilities that this deal would be rejected, i expect a lot more volatility between 6,50$ and 7,35$.
As of now no decision has been made and based upon declarations from RAD, i expect the decision to be positive and the go ahead given with conditions to sell some assets along the way.
This could simply move further the merger date to early 2017 allowing time for them to get rid of the assets needed to allow the transaction.
If that was to happen, expect a higher range of trading and lot more profit to be made.
But be careful as price could get down a lot more and closer to 4$ if the delay is longer than a quarter.
Have fun
As of now no decision has been made and based upon declarations from RAD, i expect the decision to be positive and the go ahead given with conditions to sell some assets along the way.
This could simply move further the merger date to early 2017 allowing time for them to get rid of the assets needed to allow the transaction.
If that was to happen, expect a higher range of trading and lot more profit to be made.
But be careful as price could get down a lot more and closer to 4$ if the delay is longer than a quarter.
Have fun
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