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Gee, if you think this is bad for MTE holders (I see MTE is at a year low), think how bad it is for CBX holders. As they get 1.12 MTE shares, and MTE is priced @ 3.7c, the value of CBX shares is now no more than 4c. Their current share price is 7.1c, but the next sale is 6c. MTE either needs to fly like the wind, or they will both plummet. Scrip merges always have their difficulties.