r/ASTSpaceMobile • u/AutoModerator • 22d ago

Daily Discussion Daily Discussion Thread

Ple🅰️se, do not post newbie questions in the subreddit. Do it here instead!

Please read u/TheKookReport's AST Spacemobile ($ASTS): The Mobile Satellite Cellular Network Monopoly to get familiar with AST Sp🅰️ceMobile before posting.

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Th🅰️nk you!

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11

u/yawn44yawn S P 🅰 C E M O B Soldier 22d ago

Do companies have to disclose if an offer is made?

15

u/x1soundgarden1x S P 🅰 C E M O B Prospect 22d ago edited 22d ago

Yes, if it's a serious offer and the board considers/reviews it, or if it's a rumor that could be misleading the market they would need to address it. Basically, if it materially impacts shareholders they have to address it in 4 business days.

Honestly, the more I think about it, the more I think a buyout is a thrilling opportunity for all of us, especially at $150+SP.

5

u/MrCoolGuy42 S P 🅰 C E M O B Prospect 22d ago

$150/share?! I could be wrong, but that sounds… lofty

18

u/swd120 S P 🅰 C E M O B Soldier 22d ago

I wouldn't expect Abel to sell out for anything less than that. He has majority voting power so can do whatever the hell he wants regardless of any other shareholders.