Offers will come in but will its management hold for Highest and Best.. WHO says it has to be another Mobile Phone Giant to buy LEAP. With a market cap of 500 million. because share price has been shorted to the floor.. SHORTs might just get caught napping..
do the math.. 80,000,000 (80 million shares x $6 (price per share) = Market Cap $480Million..
$500 Million would be a "drop in the bucket" for some that might like to own a Mobile Jaugernaut with a GREAT Business Model and Great LEadership..
Very little Risk in buying LEAP out for as much as $15 IMHO.. $1.5 Billion for a Mobile Company that is LICENSED Spectrum for 137 MILLION People at a time when Manufacturing and demand for mobile is jumping off.. NO Brainer!
Buy and Hold.. SHORT SQUEEZE coming.. $700 MILLION Cash staves off any threats in term.
Sentiment: Strong Buy