https://stockcharts.com/freecharts/gallery.html?AEM.TO
https://stockcharts.com/freecharts/gallery.html?KL.TO
Are there any KL shareholders that still think that what we have have been told is a merger of equals, when all we get is a 1% premium?
From the above charts it is clear that KL was in an uptrend since April with higher highs and higher lows, wheras the opposite was true regarding AEM's down trend that started in OCT 2020 with lower lows and lower highs, only interupted by the merger news.
The risk is all with the shareholders of AEM if KL shareholders vote no, and those charts wil resume with their respective trends.
Then AEM's chart will just look like a dead cat bounce.
So to the Deal/Steal makers, do the right thing and make a fair offer that will benefit shareholders of both great companies. Equally!