given that the deal hasn't been finalized, expect pressure from...

given that the deal hasn't been finalized, expect pressure from holders looking to accumulate at cheaper prices in order to build a position and trade a run to/spike on deal day.

anyone in such a position will know that certain technical laws can be utilized to maximize their leverage.

with a little bit of massaging, support will continue to sit around 24c.

a couple of days without news and the ugly head and shoulders pattern on the xao is all it will take to swing things in their (or our, if you are still buying) favour. but consider it short term pain for long term gain.