TEN 0.00% 16.0¢ ten network holdings limited

I'd think so, Burnett. This share was +80c six months ago! The...

  1. asf
    9,888 Posts.
    I'd think so, Burnett. This share was +80c six months ago!

    The funds that bought that massive amount of shares must think 27c is good value, so they might have some insight into better things ahead.

    Given TEN now has breathing space, I still do wonder about programming: if they raised capital, they could afford to buy stuff to help their ratings, and get more advertising revenue. They need sports, from what I've read, as that is what Aussies are using free-to-air for- and those things cost a motza to buy rights for. So, the market could contribute. The billionaires could also just buy TEN up and then pay themselves.
 
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