diff --git a/src/DynamicData.Tests/Cache/TransformAsyncFixture.cs b/src/DynamicData.Tests/Cache/TransformAsyncFixture.cs
index a3890dcaa..6c258e6d9 100644
--- a/src/DynamicData.Tests/Cache/TransformAsyncFixture.cs
+++ b/src/DynamicData.Tests/Cache/TransformAsyncFixture.cs
@@ -1,4 +1,5 @@
 using System;
+using System.Collections.ObjectModel;
 using System.Linq;
 using System.Reactive;
 using System.Reactive.Linq;
@@ -88,6 +89,44 @@ public void Remove()
         stub.Results.Data.Count.Should().Be(0, "Should be nothing cached");
     }
 
+    [Fact]
+    public async Task RemoveFlowsToTheEnd()
+    {
+        int transform = 0;
+        int count = 500;
+        ReadOnlyObservableCollection<Person> collection;
+
+        var cache = new SourceCache<Person, string>(p => p.Name);
+        var people = Enumerable.Range(1, count).Select(l => new Person("Name" + l, l)).ToArray();
+
+        cache.Connect()
+            .TransformAsync(async person =>
+            {
+                try
+                {
+                    await Task.Delay(Random.Shared.Next(1, 12));
+                    return person;
+                }
+                finally
+                {
+                    transform++;
+                }
+            })
+            .Bind(out collection)
+            .Subscribe();
+
+        foreach (var p in people)
+        {
+            cache.AddOrUpdate(p);
+            cache.RemoveKey(p.Name);
+        }
+
+        while (transform != count)
+            await Task.Delay(100);
+        await Task.Delay(3000);
+        collection.Count.Should().Be(0);
+    }
+
     [Fact]
     public void ReTransformAll()
     {
diff --git a/src/DynamicData/Cache/Internal/TransformAsync.cs b/src/DynamicData/Cache/Internal/TransformAsync.cs
index de56282aa..626bbab39 100644
--- a/src/DynamicData/Cache/Internal/TransformAsync.cs
+++ b/src/DynamicData/Cache/Internal/TransformAsync.cs
@@ -2,11 +2,7 @@
 // Roland Pheasant licenses this file to you under the MIT license.
 // See the LICENSE file in the project root for full license information.
 
-using System;
-using System.Linq;
 using System.Reactive.Linq;
-using System.Threading;
-using System.Threading.Tasks;
 
 using DynamicData.Kernel;
 
@@ -38,36 +34,35 @@ public IObservable<IChangeSet<TDestination, TKey>> Run()
             var cache = new ChangeAwareCache<TransformedItemContainer, TKey>();
             var asyncLock = new SemaphoreSlim(1, 1);
 
-            var transformer = _source.SelectMany(async changes =>
+            var transformer = _source.Select(async changes =>
             {
                 try
                 {
                     await asyncLock.WaitAsync();
                     return await DoTransform(cache, changes).ConfigureAwait(false);
-
                 }
                 finally
                 {
                     asyncLock.Release();
                 }
-            });
+            }).Concat();
 
             if (_forceTransform is not null)
             {
                 var locker = new object();
-                var forced = _forceTransform.Synchronize(locker).SelectMany(async shouldTransform =>
+                var forced = _forceTransform.Synchronize(locker)
+                .Select(async shouldTransform =>
                 {
                     try
                     {
                         await asyncLock.WaitAsync();
                         return await DoTransform(cache, shouldTransform).ConfigureAwait(false);
-
                     }
                     finally
                     {
                         asyncLock.Release();
                     }
-                });
+                }).Concat();
 
                 transformer = transformer.Synchronize(locker).Merge(forced);
             }
@@ -159,9 +154,9 @@ public TransformedItemContainer(TSource source, TDestination destination)
             Destination = destination;
         }
 
-        public TSource Source { get; }
-
         public TDestination Destination { get; }
+
+        public TSource Source { get; }
     }
 
     private sealed class TransformResult