In the last 5 years, TEN has raised close to $1 Billion (beyond normal business revenue) and they have still lost money.
There needs to be some culture change, cost reduction and increased revenue for TEN to survive.
I have lost a lot of money 'believing' TEN will survive but I am starting to 'feel' any media reform is coming way too late. A merger or acquisition might save some jobs at TEN but I cant see how shareholders are going to regain any real value.
Just my opinion.
GLTAH
DYOR
TEN Price at posting:
21.5¢ Sentiment: None Disclosure: Not Held