The EYE Corp sale article in the AFR has been the newest downer for TEN. If tat goes well, the share price could go back to >42c, which is went to on speculation of the deal going through recently. Then when that was seen as being in trouble, we now have the share price back here. If the sale is much less of a price than anticipated, or indeed does not occur, it is said in the AFR that TEN may need to again raise capital to manage debt worries.
Hopefully, TEN can have good news about EYE Corp for when they release results. Not sure how resilient results will be, but it's what everyone has been waiting for. I wonder if they'll give a dividend.
TEN Price at posting:
27.8¢ Sentiment: None Disclosure: Not Held