TEN
Click for more information
0.00% 16.0¢ ten network holdings limited

Unfortunately for shareholders, he said the "preliminary view is that there is no value" for them, page-6

  1. RCee
    1,002 Posts.
    lightbulb Created with Sketch. 172
    clock Created with Sketch.
    27/06/17
    08:41
    Post #: 25505445
    I still don't understand how a cash flow neutral (now) company with 97mil debt but balance sheet including TV license and some other assets like rsvp (13mil) can be worth less than the debt it owes.

    Surely the minimum return to shareholders should be above net tangible assets last reported of $0.06 per share. If someone picks up TEN for less than 120mil debt free they have a bargain.
    TEN Price at posting: 16.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS High-grade copper & antimony results uncovered - find out who's behind it
right-arrow Created with Sketch.
NEWS Resource skyrockets 80% to 91Moz AgEq – exceptional grades and more drilling to come
right-arrow Created with Sketch.
watchlist Created with Sketch. Add TEN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.