That article indicates that the "auction" might be off, which would be a good thing given the low-ball bids. Last year on the strength of Big Bash Summer ratings the share-price spiked. This year with the same success and the creation of a new franchise with the jungle thing the share-price can't spike because there's an artificial ceiling on it set at 23c.
Remove the bid, address the debt and let the market do its thing. End the game.
TEN Price at posting:
20.7¢ Sentiment: Hold Disclosure: Held