hih, I don't think it would be *that* kind of privatisation- if there was to be one- as in delisted for retail holders (could be wrong, of course). I think it means the big holders would take the company private, but to small holders, it would mean a public takeover, and the company would just not be listed. Kind of similar to Healthscope, which was taken private, but we got a takeover on the ASX.
Even if it was delisted, but small holders stayed in, for a company like TEN, there would most likely be a strong demand to have your shares bought by other interests. But I really do think that it would mean a takeover for you- by them- and then they just do what they want to do with their new private company.
TEN Price at posting:
24.5¢ Sentiment: None Disclosure: Not Held