TEN
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0.00% 16.0¢ ten network holdings limited

http://www.theage.com.au/business/media-and-marketing/broadcaster...

  1. trippa99
    417 Posts.
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    28/06/17
    23:58
    Post #: 25551993
    http://www.theage.com.au/business/m...rnment-cuts-licence-fees-20170628-gx09fo.html

    so murdoch actions caused VA to occur resulting in existing shareholders could not being able to share the joy.  ten was so oversold on some nominal $20- million underlying loss and it would have been back to 50c+ on this news.  Looks like nine is saving $33 million due to fee cut.  Ten most likely around $20 mill at least.

    This needs a serious investigate by ASIC.   It is as dodgy as it gets.
    TEN Price at posting: 16.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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