My take is that since INVN is so beat up in price, I am looking for a take-over, possibly by GR, which is now going heavy into the aerospace/defense biz.
This happened a few years back to VVID, one I had, which was taken out by PKI.
So, it would be a good fit for GR in the long term. Question is, what will be the take-out price? Listed book is 3.70 or so, but I think that is light, given their patents and other intel property..$3, 4, 5? Way too cheap, but that is the way it may play out, due to current market conditions. I was hoping for $20 over 36 months, but they are real take out bait at this price. (I never thought I would see INVN @ 2 bucks, and I am still a buyer)
As for APII, read through some of their ownership filings.
I expect it will move big at some point..
TRGA nailed down to as low as a buck today...oh, the humanity... |
