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samwiise

3,993 Posts.

20/04/17

14:03

Post #: 24168930
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Originally posted by Galba ↑

Is there a more recent Morningstar note? I was a subscriber last year but don't have any info now.

The one I have is from YMW Issue 41 - 20/10/16 and had TEN as a buy below $0.75 with fair value at $1.50, but that is probably well outdated.

DDay is next week. I'm a believer that it is oversold, but have this niggling feeling they will make the business appear worse than it is before to get media reform back on the agenda for the next parliamrnetary sitting, in addition to possibly cutting the fees in the May budget.

I stopped back out again at 55, and think the odds of a bounce here are getting better and better. Not for the faint hearted, but the upside risks are enormous as I still think TEN despite the headlines are in a much better position than they would have people believe. I guess we await the HY results next week. GL to those long

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I agree Galba. Esp with your last 2 paragraphs.
I'm trying to see if i can buy some under 50c but we'll see how that goes...
Cheers, Samwiise.

TEN Price at posting: 49.3¢ Sentiment: Buy Disclosure: Not Held
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