Q: When Space X IPO's later this year would you expect a boost to MDA stock because the event would attract new money to one of the cheaper stocks in the sector or draw money from MDA to fund a Space X purchase or a bit of both resulting in a wash?
5i Research Answer:
We think the SpaceX IPO will be good for other sector stocks, as it will likely get an extreme valuation and highlight the value propositions in MDA and other stocks.