market news, page-37

No doubt ten has had terrible year. One worry if share price keep falling and market capital of $500M only need private equity to buy 50% of share major shareholder dont hold. Long term holders waiting for recovery over next few years maybe disappointed. I sure alot of holders here bought in over $1 mark. Ten balance sheet has been deleverage with $200M in capital rasing and sale of eyecorp for $150M. Yes ten will take revenue hit as it lags ABC but it will improve it rating in year or 2 there will be oppertunity for billionairs shareholder to make alto of money once it delisted, sold back to market. Ten licence is valued at $600M. Ten really just need one major sporting rights to rebuild rating around it.