TEN 0.00% 16.0¢ ten network holdings limited

dropping on low volume, page-16

  1. asf
    9,888 Posts.
    Article from 13 Feb:

    http://www.theaustralian.com.au/bus...s/news-story/1b9cd4b6c58971cd460678181e2729aa

    Looks like no reforms/relaxing of media ownership, but budget relief on licence fees:

    "One Nation’s stance at present is to torpedo the government’s proposed changes to ownership regulation but it will support cuts to TV licence fees in the next budget."

    Relentless selling here.The guarantor fees are going to hit TEN hard- some party may wish to buy out Packer for those alone. I doubt TEN will default on their debt.
 
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