We're not close to a buyout if history is any guide. Dr Frost is into his 70's so its probably safe to assume this is his last rodeo, i.e. starting a company from the ground up. First company sale, $700 million, 2nd company sold for $7 billion, third company sold for ?. IMO, we are at least 4 or 5 years away before the good dr. would consider selling.
No buyout anytime soon if Dr. Frost has his way. There is a SEC regulation about purchasing stock before a material announcement like that. I think it would negate purchases from 3-6 months. I can't remember the timeframe. Why would we want a buyout at this point? Too many promising opportunities.
Regarding a buyout... I think if Frost sells soon then we only see $15 or so. But if he waits at least 6-12 mths for revenues to materialize AND he adds other value through more acquisitions (using the $175M he just raised), then he could sell in the $20-$30 range or even higher. Primary point being, Frost didn't just raise $175M to just sell the company with with cash in the bank. He wants to use that cash to add value through acquisitions and subsequently sell the company for a much higher market cap. He is 76 years old and this is his last hurrah. He won't make a quick sale at a discounted price, he will sell for as much as possible. He wants to go out with a bang. He specifically said that he wants to 'leave a legacy'.
Sentiment: Strong Buy