in the charts
It is in the charts where the truth lies. Compare Stars' chart with Flutter's from the 'fall off the cliff' around the thirteenth of March (when covid-19 became a reality to North America) to the present day. Stars' chart has a much steeper angle of ascent in the recovery to today, while Flutter's angle of ascent is much shallower. Also Stars' ascent line is higher than Flutter's and still climbing upward, while Flutter's ascent line is lower and has rolled over. This even though both are suppose to be in-lock step with each other. In this comparison, the market is saying that Stars is the stronger stock and if Stars was not in this merger with Flutter, Stars' ascent line would be even higher and steeper. The market is saying that Stars is being crimped by this merger with Flutter and its bricks and mortar betting parlors. And why is this. Because in this environment, pure e commerce plays do well and Stars is a pure e commerce play, while Flutter is not because it's weighted down by its bricks and mortar retail outlets. Free Stars from its association with Flutter due to this proposed merger and Stars will soar easily past the 40 dollar canadian mark. By the end of the year it could well be past its former high of 52 dollars canadian. To Stars' retail and institutional shareholders, I say, let the comparison of the two charts guide you and vote 'no' to this disasterous merger with Flutter.