IMO, I say ignore the current share price.
It seems apparent (and what Frank is undoubtedly thinking) that the real share price is going to be what some outside entity will be willing to pay for the company divided by the O/S.
What are the implications of, and what is an outside entity going to be willing to pay for, a now exploding new network that, based on recent events, is truly on the verge of being available in every home in the country (the world?)?
Frank has stated many times before (and he spent quite a lot of time reiterating this on our recent visit to the studio), that national TV networks like this (including assets, earnings potential, etc. like this) typically go for $2, 3,...5 billions and up.
During the studio visit he stated that to sell the network under this type of scenario was, in fact, his plan!
You do the math!
Ron
CEO Frank Olsen.