Southern Cross Media Group Limited ( (AU:SXL) ) just unveiled an update.
Sandon Capital Pty Ltd has become a substantial holder in Southern Cross Media Group Limited, acquiring a 5.05% voting power through its investment management activities. This development may influence the company’s strategic decisions and potentially impact its market positioning, reflecting Sandon Capital’s interest in actively engaging with the company’s future direction.
More about Southern Cross Media Group Limited
Southern Cross Media Group Limited operates in the media industry, focusing primarily on radio broadcasting and digital media services. The company is known for its diverse portfolio of radio stations and its emphasis on delivering engaging content across various platforms to reach a broad audience.
YTD Price Performance: 3.59%
Technical Sentiment Signal: Buy
Current Market Cap: €90.52M
For a thorough assessment of SXL stock, go to TipRanks’ Stock Analysis page.