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An update from Southern Cross Media Group Limited ( (AU:SXL) ) is now available.
Southern Cross Media Group Limited announced a change in the director’s interest notice, specifically involving John Kelly. The change pertains to an off-market transfer of fully paid ordinary shares, previously held indirectly through Asgard Capital Management Ltd, now registered under Citicorp Nominees Pty Limited. This administrative update does not alter the total number of shares held by the director, maintaining the company’s stability in terms of shareholding structure.
The most recent analyst rating on (AU:SXL) stock is a Hold with a A$0.77 price target. To see the full list of analyst forecasts on Southern Cross Media Group Limited stock, see the AU:SXL Stock Forecast page.
More about Southern Cross Media Group Limited
Southern Cross Media Group Limited operates in the media industry, primarily focusing on radio broadcasting and associated media services. The company is known for its extensive network of radio stations across Australia, catering to a diverse audience with various content offerings.
Average Trading Volume: 283,249
Technical Sentiment Signal: Buy
Current Market Cap: A$191.9M
For a thorough assessment of SXL stock, go to TipRanks’ Stock Analysis page.