TEN 0.00% 16.0¢ ten network holdings limited

Management is selling turn round story. After capital rasing and...

  1. 1,278 Posts.
    Management is selling turn round story. After capital rasing and possible sale of Eyecorp they will be better financial position then SWM and NIne. Will that translate into better rating and profit only time will tell. Don't forget James packer, Lanchlan and Gina Rinehart paid over $1.50 pre share. One risk here is if share price fall further there may be management buyout, I saw that with Packer back Ecorp after floated for $1 hight hight of $8 and then in tech wreck bought it back for 20 Cents. Sadly you can't trust him, why would you 6 month ago pay generous dividend in November? they obvious benefit from that through there holding.

    Anyway see how this plays out.
 
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Currently unlisted public company.

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