TEN - how low can it go?

[nocomment]

anyone else think 37c for TEN is a bargain? morningstar put the valuation at 1.20. and with the nzd high at the moment do you get the added benefit if the nzd falls vs aud.

or will it continue to slide ....

[kura]

If significant shareholders stop their debt gaurantees, it could be worth zero ?

http://www.fool.com.au/2017/04/27/crash-the-ten-network-holdings-limited-share-price-tanks/

[macduffy]

Here's ABC's article.

http://www.abc.net.au/news/2017-04-27/ten-network-struggles-to-survive-after-another-big-loss/8475774?section=business

[macduffy]

Into the expected receivership.

http://www.abc.net.au/news/2017-07-01/channel-ten-calls-in-receivers-operations-to-continue-as-usual/8669892?section=business