something is missing

That is VOLUME.
SER is stubbornly climbing on less than impressive volumes.
We know there are a lot of sellers that haven't come out of woodwork yet (those that don't want the hastle of having equity in a foreign listed entity)
On the otherhand,there are the big hands that would like to gain "cheap" access to Mega via SER....Those haven't declared their hands in a big way either.
We are coming close to the ex date & this "bluffing" game will come to an end..We should,then,marvel on the volume when both parties get more "aggressive" declaring their hands & it will be easy to "tell" who has the "nuts"
Execuse the poker lingo (the stock market is not too dissimilar to a sophisticated poker game with big stakes)