TEN 0.00% 16.0¢ ten network holdings limited

News: TEN Creditors of Australia's Ten Network vote in favour of CBS bid, page-24

  1. 2,689 Posts.
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    If...

    1) If News Corp did not over-inflated their shows and sell to TEN, your share price would have rocketed to $1 IMHO. Who's fault?

    2) If Murdoch & Gordon allow TEN board to run independently, your share price would be much higher IMHO. They will also benefit from higher share price. But they want entire lot not that interested in higher share prices (because they will never sell their shares to realise paper profits).

    Should any holder blame CBS? Absolutely not! If I'm a TEN holder I will NOT blame CBS because they are the largest creditor and in the event of VA they only need to recover debt and holders get ZERO, ZERO.

    Before you buy shares, you must check if board is independent and act in your best interest not largest holders.

    Have look at MOL (Moly Mines); board & Hanlong relationship.
 
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