The merger is of MXX and CUO is almost a sure thing. The large institutional holding and the compelling reasons for the merger will work to make this happen.
MXX is currently trading at a 10% discount. Assuming that the merger takes place this is crazily large. I would expect an appropriate discount to be closer to 2%.
That said, MXX is still very illiquid so I do expect the discount to vary.
MXX
mineral securities limited.
The merger is of MXX and CUO is almost a sure thing. The large...
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