Not quite sure which of the three amigos bought that?
Could be Gina, as there other two are already major shareholders of TEN competitors.
There is a good chance for Packer to takeover after divest from Foxtel. May take a while yet, may be sometime next year ?
As the Eye Corp sell, TEN sold the profit making assets but retain those loss making operation in UK and liable for its debts. It just a desperate way to pawn the family Jewelry to keep the banks at bay.
TEN Price at posting:
23.2¢ Sentiment: None Disclosure: Not Held