merger share price, page-2

I don't think so. I think it will head north based upon this announcement.

Although MMX s'holders are paying a largish premium for MIS, it does get the two together. And getting them together was the main goal in all of this. We will all gain access to the synergies in relation to the resources and now both companies are assured a win with the infrastructure.

IMO it also puts MMX in play. If Sinosteel wants it all, they will need to make a play for the larger entity or be happy with the smaller share of the larger pie. Although I think the way MMX and MIS have played this one, everybody should be happy enough to see it through (at this stage).