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TEN shareholder sells up

Wealth management firm Perpetual has dumped its TEN shares, around 9.9% of company stock.

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Wealth management firm Perpetual has dumped its TEN shares, around 9.9% of company stock, as the company’s slide continues.

The Australian reports two parcels of shares were traded, one worth 2 per cent yesterday and another representing 7.8 per cent.

Yesterday’s block trade was the highest volume of trade in TEN shares for a year, until today.

Bruce Gordon, James Packer, Lachlan Murdoch and Gina Rinehart were said not to be involved in yesterday’s share trade.

Meanwhile TEN has now confirmed the sale of its outdoor advertising business Eye Corp for $113m to oOh!Media.

Bruce Gordon is understood to have now become TEN’s largest shareholder.

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  2. **My thoughts and best wishes go out to those Network Ten employees, who may lose jobs they do not derserve to lose**.

    ** But also my good wishes and good health, go to those who can look at a timely redundancy payout as “Manna From heaven”*

    Unfortunately it is totally unfair, when those who sometimes cause the problems, are also some of those who complie the “To Go List” and rarely put their own name at the Top of that List.

    Is it only a rumour that among all the other proposals afoot, that Ten is looking at yet another show, under the banner of ” What the Heck was I Thinking” sponsered entirely by someone called Mr.Bruce Gordon?

    I wonder if Louise and Russel have their contracts written up as watertight, as Henry’s and Bolt’s must be, or perhaps they may well be very lucky if they haven’t done so? because by the time they go on board the floundering good ship Ten,, all the life jackets will probably be reserved or in use, as with the seats on any lifeboats.

    But every cloud has a silver lining, because I’ve heard that Henry’s, Advocate/Manager has been run of his feet, providing such advice, as potential applicants check out all pros and cons, before even submitting CV’s to Ten

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