TEN
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0.00% 16.0¢ ten network holdings limited

Phenomenal falls for TEN. Crikey has a few thoughts:...

  1. asf
    9,888 Posts.
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    03/03/17
    22:14
    Post #: 23092241
    Phenomenal falls for TEN. Crikey has a few thoughts:

    https://www.crikey.com.au/2017/02/17/will-james-packer-unload-his-stake-in-ten/

    These TV companies will continue to write down licences. There might be some licence relief in the budget, one hopes, or legislative change to reduce/remove licence fees. Still, TEN's revenue is large, even if reducing over time- but so is their market cap. I'll be interested to see if they de-leverage again for this 6 months.
    Last edited by asf: 03/03/17
    TEN Price at posting: 57.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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