You must feel for poor Hamish, an ex-employee of Newscorp who has done such a terrific job in turning the network around after it had been gutted and forewent their AFL rights. I believe it traded at 35c when the Big Bash ratings came through last year - who's to say it wont again if nothing happens? And of course it trades much higher when healthy and it is turning around.
This appears to be a perfect strategic fit for Foxtel synergies and Newscorp/Fox/Discovery content and they shouldn't let it get away.
TEN Price at posting:
22.5¢ Sentiment: Hold Disclosure: Held
