Though the t/o for A&L is still only rumour, it seems to have quite a solid base (unlike some) ...... Whether an offer materialises and if it does, whether it crystalises is another matter.

Nevertheless, it looks to me as though the downside (now +100 @ 1220) is perhaps just more than this morning's rise, the upside is at least 200 and maybe even 300.

Those odds don't look to bad to me

Why do you think that It Is obvious that SCH are serious Saturn5 please?