Companies

Jan 17, 2013

How Citi and Network Ten’s cabal of billionaires shafted retail investors

Ten Network Holdings is offering a bargain basement four-for-five share offer at 20c tomorrow. Shareholders might be advised to get involved.

Stephen Mayne — Journalist and Founder

Stephen Mayne

Journalist and Founder

The 20,000 long-suffering retail shareholders in Ten Network Holdings have until 5pm tomorrow to protect their interests by taking up their entitlement in the bargain basement four-for-five share offer at 20c.

1 comments

Leave a comment

One thought on “How Citi and Network Ten’s cabal of billionaires shafted retail investors

  1. stephen Matthews

    “A rational investor who is fed up with Ten’s performance should sell their existing shares today at 36c and take up their full entitlement tomorrow before exiting from these new shares when they start trading on January 30.”
    looks like investment advice to me Stephen.

Share this article with a friend

Just fill out the fields below and we'll send your friend a link to this article along with a message from you.

Your details

Your friend's details

Sending...