That makes sense as Inmarsat already have a strategic partnership with Avanti. A 4 Billion deal with Inmarsat (valued at 3.5bn) puts Avanti's value at 0.5billion which with current value at £40million and debt of £450Million all adds up. Still interesting to note that other Satellite operators have shown an interest together with Elon Musk of the electric car-maker Tesla and the Virgin Group/Richard Branson. Hopefully someone will come along and buy them out at 0.5 billion plus debt.… Read More
A £45k buy has just popped up and I'm sure it is a buy as it was a premium over the ask price at the time, must be an institutional investor, expect a holdings update Monday then. Have a good weekend all.
Someone is manipulating the sp which is very easy to do when sp is in the low pennies. I have been making a few trades while they are messing around to claw my money back on this one. Still my facebook shares made me many US$ this week so I am very happy bunny. Be interesting to see what next week has in store for Avanti (if anything).
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