With TLS’ ANN of the FoxTel impairment, the whole accounts and earnings might be called into question? Will the dividend be paid? Will guidance be withdrawn? Will there be CAs because of the FoxTel impairment which seems to have been at the instigation of News Corp?
Makes you wonder what is hiding in the TLS accounts?
Does anyone other than the sycophantic industry funds trust Penn and his Board anymore?
Why is FoxTel still paying the NRL, AFL and Cricket Australia money for no content? With a 35% stake, TLS just bleeds money without any upside?
Penn and his Exec management should be called to account, and the industry “super” funds for this disaster?
A Royal Commission should be called into conduct in the telco industry IMHO?
TLS Price at posting:
$3.07 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)