Great news for the 17000 mum and dads, superannuation holders, investors who came in to support TEN while mightier backers wouldn't, although they had said they would, at least to the CBA. Politically expedient if it saves Australian content and Industry from collapse. Popular too for Turnbull if he can ressurect the lazarean TEN for those many of us who need a positive outcome of "fair value". Ultimately something IMF Bentham or similar would raise an eyebrow to otherwise. Now tell me again why we are still being played out? Where is the ASHA going to draw the line? I'd stay tuned.
TEN Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held