b2gold 1.72, page-32

This looks like a done deal to me as far as management (and I assume a significant block of holders) is concerned. terms decided, management incentive payouts, merged board seats decided, timeline agreed all-round; OBVIOUS.

I wouldn't expect a competing offer either as it would have to be "outside the loop" and would be doing it the hard way with a real bid rather than a researched pre-ordained one like this.

Reality is the market would have been canvassed for all potential merger deals over the past year by the usual throng of hungry corporate advisors.

If you're a large holder you have a say in whether you accept but for the little guys get used to it. This is it IMO.

Have traded it in the past but don't see any reason to pre-merger.