wont be much longer..28 Jun 2018 11:14
Until the risk reward for shorting this becomes to great and we see a few spikes as they close em up, imho. Hypothetically if echostar were doing due dil re a revised offer what do we expect to happen ? YEAH me too £1 a share profit in about 30 minutes. and then the wait and see for the details. Gla and beware shorters! who dares wins and all that but don't hang around too long and be a plonker Rodney :) , remember echostars share holders liked the deal and they didn't even know the price !!! the spectums are the jewel..........In a note to clients, Canadian bank RBC upped its price target for the FTSE 250-telecoms company to 850p from 725p, saying: “We estimate Inmarsat's spectrum is worth c.£10 per share, split European S-band (£3.25), US L-band (£5.00), Global Lband (£1.55). Spectrum is extremely important to Echostar and its sister company DISH (both controlled by Charlie Ergen).”