its a decent sized crossingexpect someone getting position for...

its a decent sized crossing

expect someone getting position for potential re-rate post merger - and someone selling who doesnt want to wait

its a v smart merger imo - gets 2 of the most discounted gold stocks into a market relevant bundle, brings slr a more reputable ceo from drm, and also de-risks both company downsides in event current plans run into any stumbles

question will be whether aud pog or generaly aud gold interest can do enough to cause a pre-deal close re-rate.  

often stocks in this position are static until deal completion - but the discount here vs future peers is pretty substantial

id buy if you;ve got patience. sell if you dont