TEN 0.00% 16.0¢ ten network holdings limited

No doubt ten has had terrible year. One worry if share price...

  1. 1,278 Posts.
    No doubt ten has had terrible year. One worry if share price keep falling and market capital of $500M only need private equity to buy 50% of share major shareholder dont hold. Long term holders waiting for recovery over next few years maybe disappointed. I sure alot of holders here bought in over $1 mark. Ten balance sheet has been deleverage with $200M in capital rasing and sale of eyecorp for $150M. Yes ten will take revenue hit as it lags ABC but it will improve it rating in year or 2 there will be oppertunity for billionairs shareholder to make alto of money once it delisted, sold back to market. Ten licence is valued at $600M. Ten really just need one major sporting rights to rebuild rating around it.

 
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Currently unlisted public company.

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