@home ... exactly ... to me there are so many ways to generate shareholder value .... the key is to slay goliath .... I do believe that bell and rogers would be as disruptive to any time of look development knowing how dangerous it can be for a new low cost player to enter ... since we all know an effective method to beat up on a small guy is the legal avenue and that just because something is against the law doesnt prevent a goliath who can afford to get slapped on the wrist after the damage to a small guy is irrepairable means that smart managment has to play their cards closely, smartly and close to the vest ....
it is easy to get impatient ... the whole legal process is way more complex than the average investor has any clue of and although I'm sure we would all love to have instant results ... they are just not possible ....
i would never invest my life savings in something like this, but throwing 1 - 2% or a portofolio if you are an agressive risk taker like myself is not that much to recoup. in my mind depending how desperate UBS is the tax credit alone is worth approx. 250m (so stock value if spectrum is worthless is just over $1.00) .... since any company would be happy to save 300 m in taxes by simply buying the 300 in tax credits for 250m. the net benefit to such a transaction is a kewl 50 not paid to ottawa.
would be even better to steal them or get them for nothing .... so no wonder you have such giants dicking around with such a puny market cap company
Orgy
<> PS ... thanks for asking the question and stating your opinion. please feel free to share your thoughts anytime.