Look like retail right issue will have large short fall with Ten...

Look like retail right issue will have large short fall with Ten trading at 49 cents. Looking how James Packer attacked Echo Chairman about performance, he bought in at $1.50 now it trading at 49 cents. They can't blame previous management, last year they paid dividend and Packer was on the board. Little shareholders like us don't have power to hold this board accountable. In the end low ball takeover offer may be coming, Packer and fellow directors hold just under 50%. If it trades under 40 cents get ready to see Take over of around 60 cents. Thank alot Channel ten board!