May. 22 at 7:02 PM
$ATEX
Game changed completely on February fcc ruling. They now have 10mhz high value, low band spectrum covering the nation.
10 x 321 =3,210 mhz pop
Comparable transactions range from 80c/mhzpop extreme low end to
$3/mhzpop high end.
I use
$1-1.50/to be conservative and since their sales to utilities have been at least in that range.
That is
$3.2bn-4.8bn.
That is
$172-
$257/sh vs
$62.75 now.
This is not exaggerated, the company itself claims its spectrum is worth
$2.5-
$7BN
Insane to me how under the radar it is. Obvious takeout target for all the spectrum hungry companies out there.
