Ok the stock is now out of the AXS100 so the index funds are gone now.
Stock is cheap on cashflow multiple and future growth prospective + yield.
Stokes legal action is a farce and is just a bit of kidney punching to buy some time and froth the waters with the AFL rights negotiations.
TEN got the right guy and a fantastic board.
All eyes will be on the future programming opportunities and by that I mean SPORT.
Fox Sports has plenty of content to shove TEN's way and that can be added to TEN's new digital channels therefore adding new revenue streams.
Nine is run to the max and Seven as well so the real upside and value lies with TEN.
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- all clear on the upside - cheap
all clear on the upside - cheap
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