"Catalpa-Conquest marriage looks as good as gold"
The first piece of research on the merger by Geoff Breen, respected RBC Capital Markets gold analyst is said to be a pleasing read for the parties involved.
His research underlines the potential for the merged entity to receive a substantial rerating as the market's understanding of it increases.
Maybe the article was behind the short run yesterday, which was belted back by sustained selling.
The merger documentation should be out soon.
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