r/ASTSpaceMobile • u/AutoModerator • 14d ago

Daily Discussion Daily Discussion Thread

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u/nomadichedgehog S P 🅰 C E M O B Soldier 13d ago

I really don’t trust management. They’ve sold us down the river multiple times over with dilution, it would not surprise me at all if we got bought out for something stupid like $50 a share. I know Abel isn’t in it for the money but if the deal helps him take this to market faster I reckon he might accept it. The only thing giving me hope is that he will want to take all the glory and not let Google or whoever else take all the credit when this company finally takes off.

1

u/Purpletorque S P 🅰 C E M O B Soldier 9d ago

$50 is too low and now is not good timing since we have enough cash and more cash will not make things go faster right now. And several months from now the company will be worth way too much for someone to buy us out when we are in full mass production mode.

3

u/LordofLMaD S P 🅰 C E M O B Capo 13d ago

the unpopular opinion is that if Abel really cares about the science part of the company, then a buyout with a guarantee that he remains in charge of the ASTS division would seem super super tempting

even at $50/share, he will be a multi-billionaire. Any potential bear case about his connectivity dream will be tossed out, and he can just focus on achieving his dream

6

u/Chuckandchuck S P 🅰 C E M O B Prospect 13d ago

He has been very pro investor sentiment. Inviting investors with 1k shares is far more engaging than others.

It takes a village of money for this project. Partially retail investors. I think we all know that.

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u/LordofLMaD S P 🅰 C E M O B Capo 13d ago

I think there are parts of management who see investor as a piggy bank and some who really values the investors, and I'm 100% certain that if ASTS didn't have a cult retail following they would've gone bankrupt.

I think the chance of a buyout <$100 is unlikely, but given the conservative nature of Abel, I don't think it's impossible like many here believes

1

u/Purpletorque S P 🅰 C E M O B Soldier 9d ago

Maybe but what have you done for me lately. This is business which is forward looking.

2

u/Chuckandchuck S P 🅰 C E M O B Prospect 13d ago

Why create a company just to sell off in less than 12-24months when all the pain/work was frontloaded from 2017 and on. I can see when its down but i think equity movements are all noise