ASIC are investigating, BUT should take a more open, larger interest, keeping the small retail shareholders, who invested based on publicly available information. lends itself to class action obviously, particularly if the retail shareholders have not taken undue risk and feel that this has been a play of greedy minority with questionable intent.
lets see how this all plays out, but will be ideal if there are multiple bidders with an offer at a significant premium to the last traded price (which was not reflective of the correct value, particularly given the media laws passing etc.)
hoping that retail investors get 30c a share - will be nice.
over to the administrators, who I KNOW MONITOR THESE FORUMS AND THREADS TO GUAGE PUBLIC OPINION AND VIEW.
the forum members perhaps can even pass this to the newspapers (some of which some people own!) as well as class action litigation lawyers if needed.
ahh, frustrated
dyor
TEN Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held