Looks like panic selling - Ten is surely worth more than a measly 90 mil. It could go down lower to maybe low 20s but it would be plain stupid. The question is what will the major shareholders do? Like Telstra and Foxtel? I wouldn't be surprised if one of the billionaires makes a move. The 200 mil that they lost was a license impairment as well. I bought a small chunk aswell at these lows.. As they say when bloods on the street..
TEN Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held