With the Xtrata/Glencore merger, is it possible that (short term) commodities market would go down since presumably Glencore would want to give shares at a time their prices was highest (and if that's the case, they'd expect their own share prices to go downwards short term).

If that's the case, how do you think that effects a buyout from any other major? Or, why wouldn't Glencore want to do a merger where they give their stocks at that they think the top is.

If it's TECK and their shares start to drop short term, does this benefit us or hinder us (assuming it's them that buys us out) - though, it's possible someone else ends up buying our position if they try to take on more iron.

Thoughts and opinions board?