goldx up big, caldas up big, guy up biggcm has a lot of shares in all these 3 companies that went up big but gcm goes down.
i think it is because of all the chickens who think gcm wants to buy goldx. they don't have to. they profit just fine holding the shares. the merger plan was to speed up production of goldx but now that it is off, gcm does not need to merge. caldas was spun off to unlock marmato value and not put debt on gcm books. there is no need to put debt on gcm books by merging with goldx. caldas and goldx value is unlocked just fine as separate companies.
people may be scared of gcm in the short term, but 3 companies shares up big will make gcm next financial report look big too.