I think the upside is still attractive irrespective of any corporate action. For simplicity's sake, I omitted some sort of rerate w/o a split off of Space Infrastructure. The company fits the potential M&A profile, so it's worth discussing, but certainly not crucial to the thesis.
Banking on (no rumor) M&A one way or the other can work, but it's not for me.
Will- Iām ok with the longform piece. Thank you for your analysis.
I like this company strategic acquisition or not. Appreciate the deep dive š
Thanks Darin, I appreciate it.
I think the upside is still attractive irrespective of any corporate action. For simplicity's sake, I omitted some sort of rerate w/o a split off of Space Infrastructure. The company fits the potential M&A profile, so it's worth discussing, but certainly not crucial to the thesis.
Banking on (no rumor) M&A one way or the other can work, but it's not for me.