10 and 9's balance sheets look like crap especially 9's. Apropos of the current economic times, high debt level no transition to growth. 9's equity level dry's up, ultimately debt becoming the cause and only solution to all their problems. Capitalism 101. I wonder if the Judiast's knew what beast they were creating in Vienna many generations ago. Anyway, if everyone in the world paid back their debt, public and private, with cash, there would still be debt outstanding. So if we have created a system that cant fail systemically, then surely the idiosyncratic applies to 9 and 10?
I dono, maybe Aussie TV should be more interactive like the other Western countries.
To me both companies are a slam dunk short ceteris parabis.
But then again, 9 and 10 are 66.67% of a triopoly market with a durable competitive advantage. A dream situation for all the private equity cucumbers.
im confused - hold...
TEN Price at posting:
68.0¢ Sentiment: Hold Disclosure: Not Held
