Both KXL and GGR seem to be in a state of "enforced slumber".With KXL this is evidenced by the low volumes plus the last minute downticks to douse any upward movements.

My question is for those more experienced in this type of merger. Given the planned 1.2 KXL to 1 GGR ratio, would there be some impetus by the companies involved to keep both stocks within a rather restricted band of price movement

I would gather that to gain approval there must be some apparent immediate benefit for GGR thus on Monday those supporting would want 1.2 x KXL price to be at a premium to the then current GGR price. Too much of a premium might upset the apple cart with a sudden rush to acquire GGR shares and benefit from arbritrage.

Not really into conspiracy theories but then there are those whose profession is to "work the marketplace".

Just wondering.

Onward and Upward