RE:RE:RE:RE:NXE outperforning FCU....as usualSheesh, I voted AGAINST the merger, but in hindsight, with the 2 years of languishing U prices, one would HAVE to, even if grudgingly, admit that the merger made sense in a lot of ways.
NOBODY knew with any certainty that U spot would stay this low, Japan restarts would be this slow, and that NXE would continue to hit so many pounds. Not anyone on the outside anyway....
So why was it a FIASCO? there were a lot of rationale reasons to argue for that merge. 2 years later, the share value would be higher on the merged company. So hard to call it a fiasco.
I am still happy it didn't happen because I think FCU has higher upside going it alone with CGN as a partner (but I think CGN wanted to invest in merged company)...
This constant Dev and Ross hate still surprises me. Again, what would someone else have done - what did Dev and Ross do that you wouldn't have done, and what did they not do that you would have done. Be realistic in your response though. They don't control macro items.