market news, page-18

Ten is trading on higher p/e ratio but it will be paying most of it's debt off has to find better programming plus they are cutting costs. I don't believe ten is now risker investement considering that Nine has to cut costs. I was surprise that nine got NRL Rights but NRL want upfront 100M upfront payments. Ten will improve once owner CVC is wipe out buy it debt holders ten might pick up some sporting rights. If ten trade at 40 cents that $500M market capital someone is bound to make opportunistic bid.