trading halt, page-54

problem is that the sp is now going to be tied at the hip to kalh.

protest, sell and buy bmn or dyl, equivalent plays in u sector.

What will the MC of the combined entities be?

Certainly didn't help poor old OXR, with ZFX. The combined MC, is now equivalent to what OXR were before the merger.
Little bit different, but in this climate, doesn't take much of a reason for a trend to start and shorters to finish the job off.

And what will the kalh holders do, after the merger? are they happy with the dillution, and taking on a larger percentage of a U play?

Who knows....

Uncertainty, is a poison in these conditions, not to mention the rational, that your value is now locked to Kalh sp, and some may exit to chase more immediate gains.

Good luck.

Glad to have sold EXT and switched to more BMN last week.

cheers