News today that TMS are 'desparately' attempting to renegotiate Cinema Advertising Rental agreements in order to avoid collapse.
One of these agreements is with Packers privately held Hoyts group.
Packer is of course a major shareholder in TMS together with Network 10 each with 10%.
Will they let it fall over ?
If they don't and are prepared to reach new lower rental agreements together with Village etc it has to make the current TMS price a great buy.
Would probably put yet more pressure on VRL though....
is it now ??
Add TMS (ASX) to my watchlist
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Last
2.2¢ |
Change
0.001(4.76%) |
Mkt cap ! $21.03M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.2¢ | 2.1¢ | $30.72K | 1.461M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1749249 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 1159037 | 4 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
2.1¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 2.1¢ | 2.1¢ | 2.1¢ | 272953 | ||
| Last updated 14.39pm 03/06/2024 ? | |||||
| TMS (ASX) Chart |