Suggest as both are good companies no merger is going to happen unless shareholders benefit.
The activity is from CSM side and Kiernan has too many shares at stake and wants to make money like all other shareholders.
Kiernan recently purchased some additional 2m shares around $2.00 from memory.
CSM
cosmo gold limited
what is the concensus on.., page-2
Currently unlisted. Proposed listing date: TBA