
I’ll make it quick and chirurgical
Iridium owns premium SPECTRUM
If you’ve heard about ASTS or SpaceX you must know what that meanz
In case you don’t, in this particular case it meanz that this company is trading at a $2.5B market cap while the spectrum it owns is worth anywhere between $5B to $10B
I dropped this bag on July calls for a kule YOLO but I might go much heavier on shares because it’s an easy 2x in my mind
I could be extraordinarily wrong here but from where I stand it looks like a great deal
https://i.redd.it/mf461emevrpg1.jpeg
Posted by PresentationReady873