RE:RE:Who won Who lost?SkyeCairns wrote: Currower wrote: Compare a 5 day chart of AEM and KL. And the winner by a mile is? AEM
Thats because of the deal and KL's fall is greater than AEM. Pick any other time period 1mo, 3mo 6mo 1 yr and KL is the WINNER.
You are correct . KL was trading more at its FMV. AEM had fallen off highs for almost any longer time period. Both will revalue higher as the merger starts to take place and the deal, with all of its synergies gets digested by the market.