Chart, page-21431

Darkstone,
I wouldn't bet on a turn down now. The big boys (and girls) have had a chance to digest the merger details and it is clear that a number of fund managers will need to do some rebalancing - especially the international funds. There is a clear distinction in base valuations between the 2 x Chinese, 1 x US and 1 x Chilean industry leaders and the rest of the lithium players - with MergeCo valued completely differently to the aforementioned stocks.
We will start to see big chunky purchases (and in some cases sales) of both ORE & GXY in coming months. At some stage, the investors will need to start accounting for the synergistic benefits of the merger (Citi put it at between 5 - 12%) on top of the equalisation (of MergeCo relative to its industry peers) and then the benefits of a rising lithium price.
There's going to be impacts that cannot be measured by past price performance. This is where the key share price changes will come from.