View Full Version : TEN - how low can it go?
nocomment
27-04-2017, 01:11 PM
anyone else think 37c for TEN is a bargain? morningstar put the valuation at 1.20. and with the nzd high at the moment do you get the added benefit if the nzd falls vs aud.
or will it continue to slide ....
If significant shareholders stop their debt gaurantees, it could be worth zero ?
http://www.fool.com.au/2017/04/27/crash-the-ten-network-holdings-limited-share-price-tanks/
macduffy
27-04-2017, 03:05 PM
Here's ABC's article.
http://www.abc.net.au/news/2017-04-27/ten-network-struggles-to-survive-after-another-big-loss/8475774?section=business
macduffy
01-07-2017, 01:25 PM
Into the expected receivership.
http://www.abc.net.au/news/2017-07-01/channel-ten-calls-in-receivers-operations-to-continue-as-usual/8669892?section=business
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