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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > Sold remaining position
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Post by jamesb14 on Jun 24, 2016 7:35pm

Sold remaining position

I no longer think a deal will happen due to brexit and I think Concordia overpaid for assets that are now under a lot of scrutiny. For a firm based on M&A I don't think they have a plan B so I'm out.
Comment by LuckyLuke1 on Jun 24, 2016 9:25pm
At Kitco some predicted GBP 1.10 by Q3.
Comment by Roller007 on Jun 24, 2016 9:40pm
Luckyluke: and many smart people predicted oil at $10 just 5 months ago.  The pound will not go down as much as you think.  Should level off around 1.38.  
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