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budddy, i think u are confusing mng group and mng gold. mng group has over 20 000 employees if u finished reading that sentence u would have caught the rest. there is no ipo, ipo means initial public offering, we already have shares and there is no merger. not sure what you are reading. there are 5 plus billion shares of avesoro, whiich is75+% owned by mng gold, which is a part of mng group. they issued shares to raise capital, to pay for the equipment they bought and to pay down some debt. to eliminate costs so they can make money.
maybe you should do more extensive reading before you invest your money.