If that the case that we should not have 3 commercial network...

If that the case that we should not have 3 commercial network then how on earth is nine worth 3.5 billion. Let say nine licence worth 1.5 billion ( 3 time ten network) that still leaves 2 billion. All I'm saying Nine and seven need to keep advertising revenue, in nine case just to stay afloat. It would be in Seven and Nine best interest that ten folds or underperforms as it need to maintain advertising revenue. Ten does have same very powerful major shareholder behind it, not say that as shareholder, small shareholder probably won't be around if ten share price keep fallind.