Losing money on Ten a rite of passage for Australian billionaires
How many billionaires does it take to rescue a struggling, mid-sized broadcaster like Network Ten?
How many billionaires does it take to rescue a struggling, mid-sized broadcaster like Network Ten?
Losing money on the Ten Network has become a rite of passage for Aussie billionaires.
It says plenty about the mess at organic formula vendor, Bellamy's Australia, that almost half the cash raised from its $60.4 million entitlement offer will be used to pay off its partner Fonterra.
Investors who plugged $127 million into Beston Global Food Company, with its promise of cashing in on China's fine dining boom, have suffered a bout of indigestion from their gourmet meal ticket.
Ardent Leisure chose 5.18pm on a Friday, leading into the long weekend, to announce Thomas' reign had come to an abrupt end.
You didn't have to be an airline boss to make this year's Queen's Birthday Honours list but it sure helped.
Andrew Grech's troubled law firm Slater and Gordon announced on Thursday it is facing yet another lawsuit from disgruntled investors.
The downside from the rapid growth in Qantas' share price is that the boss Alan Joyce missed a lot of this upside when he sold 2.15 million shares in August last year.
Your columnist has never quite understood the complex capital structure that governs the unruly dairy processor, Murray Goulburn.
A bit of notoriety is good for a medicinal cannabis startup, but obviously not too much.
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