If ten go private 60 cents per share will probably get over the line. Sadly most retail investors paid over $1 mark. If ten does go private with help of management buyout and major shareholders, only need to buy about 45% of shares. Nines is in trouble financially Ten can get some market share next year to left earning.
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- afr: ten undervalued says morgan stanley
afr: ten undervalued says morgan stanley, page-40
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