Damm, I said I wasn't going to contribute to this thread UNTIL a Taker Over was actual ... Apologies!
However, I do so because of @Mystical 's excellent comment re: ALK/ASM post demerger "action" for both.
To 'visualize', or add to, his(?) point of what has happened to the combined value to the pre-ALK demerger SH'ers since the demerger here is a chart that, not only helps crystallize the point but also suggests the primary reason for both ASM and ALK's SP movement since that demerger listing date for ASM.
FFX Price at posting:
61.5¢ Sentiment: Buy Disclosure: Held