Australia's largest stock trading and investment forum Australia's #1 stock forum

TEN

Click for more information

0.00%

16.0¢ ten network holdings limited

Billionaires Graveyard!, page-178

First 178 Last

Share
Profile

Follow
squawk

126 Posts.

13/06/17

09:56

Post #: 25238457
Share

Originally posted by Galba ↑

They won't be the ones that are worried... I'm naturally disappointed but probably in hindsight not surprised. It's a game of chicken at the Moment it would seem. The moguls have clearly decided they won't back this in until the legislation is fixed. Putting more pressure on the pollies...

If the board were smart they'd go into a halt or a suspension citing material financial support to that effect.. However, the fact that all these advisors have been called in probably suggests that some sort of equity raising component could be on the cards. I don't see these millionaires walking without some sort of plan. Unless they want to write off their investments. Admin is an option sure but how easy will it be to wrangle control with administrators.. I guess we await the response from the board now...

Expand

also puts pressure on US content providers, CBS and Fox, with whom Ten is trying to renegotiate contracts.

Ten has been in halt since 933am... waiting a long time for announcement to come through

TEN Price at posting: 16.0¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

CXM

'Taking money from the market': Garbage giant cleans up as this week's Hot Stock tip

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 32 more messages in this thread...

First 178 Last

Add TEN (ASX) to my watchlist