Ten paid 5.25 dividend late last year. Billion share on issue that about $52.5 million. Yes things have slowed but board were already implementing turn around. About $25 million going to major holders. Prehaps if ten retain dividend money and sold eye corp we probably did not need capial rasing. In the end ten has lost half it value in that time. Market capital just over $500 million. Considering Gina Rinehart is worth 27 billion Ten will be hers if she chooses. Then refolded to market for huge profit, let hope not.
TEN Price at posting:
42.3¢ Sentiment: LT Buy Disclosure: Held