supermajor - good post and much as I was getting at with Ebay...

supermajor - good post and much as I was getting at with Ebay fee comparative, it's about 8% on final sale and that's not taking into account associated fees with listing item & platform access put that against the $60M turnover and you get the picture pretty clearly - you can see where synergies come in line with many of those Top 20 aswell for the platform.

My take I wouldn't worry too much about any intraday trading, likely outcome imo - will enter trading halt once the deals lined up then open several multiples when it comes out of it with some kind of restructure - it opens immediately with a PE that measures a significantly higher price.