TEN 0.00% 16.0¢ ten network holdings limited

do not care about the report, page-5

  1. 1,834 Posts.
    lightbulb Created with Sketch. 92
    • whether the shares have any residual value which may be lost to the existing shareholders
    • whether there is a prospect of the shares obtaining some value within a reasonable time (in the absence of the proposed transfer)
    • the steps or measures necessary before the prospect of the shares attaining some value may be realised
    • the attitude of the existing shareholders to providing the means by which the shares may obtain some value or by which the company may continue in existence
    That's a mountain of legal precedents for any competent advocate to argue against the compulsory acquisition. And I cant see the FIRB or lastly the Treasurer allowing this even if the court does .
 
watchlist Created with Sketch. Add TEN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.