TEN 0.00% 16.0¢ ten network holdings limited

http://www.smh.com.au/business/media-and-marketing/ten-shares-tes...

  1. asf
    9,888 Posts.
    http://www.smh.com.au/business/medi...as-market-dreads-results-20170307-gusn2n.html

    "Since last Wednesday an institutional trader with Sydney brokerage CCZ Statton equities has sold about 810,000 shares on behalf of a client, according to trading information provided by Bloomberg.

    "This suggests an institutional shareholder has been selling out, but Ten has not yet issued any change in substantial holding notices.

    "
    Institutional shareholders with more than 800,000 shares but less than 5 per cent include Blackrock, SIG, State of California, Vanguard Group, and Network Investment Holdings (part of Seven Group Holdings).
    "

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    No capital raising then. Results not due until April. Could bounce but who knows.  :/ With this 44 % drop in 2 weeks, a bunch of folks must have been toppled by margin calls, adding to the price pressure.
 
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