TEN 0.00% 16.0¢ ten network holdings limited

Based on AFR data, a $225m raising at 20c will add 1.125b shares...

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  1. 556 Posts.
    Based on AFR data, a $225m raising at 20c will add 1.125b shares to the existing 1.437b. This represents approx 80% more shares and is incredibly diluting. So we should see a 4 for 5 SPP announced at tomorrows AGM.
    Hope to get some other positive news during the AGM, otherwise the stock will get smashed when it opens.
 
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