I can predict atleast a 10-15% upside from the merger as it will raise the joint market cap to $500m+. However, the equity raising might dilute this. Overall, this is very likely to be a good thing (a merger) but I would want MC at the helm.
NVA Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter
MND Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?