Broad Run's position in AST SpaceMobile is currently worth $8.56 Million. That's 1.21% of their equity portfolio (19th largest holding). The investor owns 2.96% of the outstanding AST SpaceMobile stock. The first AST SpaceMobile trade was made in Q2 2021. Since then Broad Run bought shares four more times and sold shares on six occasions. The investor's estimated purchase price is $26.4 Million, resulting in a loss of 68%.
As AST burns cash at an accelerating rate, the money it has left will not last long.
The Motley Fool, 11 months agoAST SpaceMobile Inc. (NASDAQ:ASTS)’s traded shares stood at 1.53 million during the last session. At the close of trading, the stock’s price was $3.79, to im...
Marketing Sentinel, over 1 year ago