a borrowed stock or a dumping one

Today volumes, 49,849,960 had lifted my eyebrows.
Is there a merger talk or one of the acquisition company doesn't know how to read financial statements.

HY 2015 FY 2015 and HY2016 reports gave me this outcomes

Outlines
Debt leverage to Equity ratio:1
FY 2016 est. 0.307

Current debt solvency ratio:1
FY 2016 est. 4.248
Equity liquidity ratio:1
FY 2016 est. 0.765

Debt ratio is one of the biggest weapon the company has done to REDUCE its debts significantly compared to other Media stocks. Big tick for this together with its ability to pay debt and its solvency.

Weight average Diluted outstanding shares FY 2016 est. 2,399,222,000

NPAT
FY 2016 est. 93,452,000
DIVI
FY 2016 est. 100,894,000

Diluted EPS
FY 2016 est. $0.00

This is ridiculous. It's not worthy to buy with ZERO EPS

PE -249.85
PE yield -0.40%

P/FCF -3
P/FCF Yield -0.40%

NEGATIVE earning yield and negative price to free cash flow are the WORST balance sheet I have seen so far.

Total cash flow
FY 2016 est. -805,459,000

Nothing in the bank???
How could this company be able to pay debt as before.

If traders are betting on a MERGER talk they will win but if it's NOT then I'll be laughing.