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The latest update is out from HT&E Ltd ( (AU:A1N) ).
ARN Media Limited and its associated entities have ceased to be substantial shareholders in Southern Cross Media Group after disposing of 7,196,974 fully paid ordinary shares on-market on 22 January 2026 for approximately $4.79 million. The sale, executed through subsidiary Gulgong Pty Limited, reduces ARN Media’s voting power in Southern Cross Media below the substantial holder threshold, signalling a strategic retreat from its previous investment position in the rival broadcaster and potentially reshaping competitive and ownership dynamics in Australia’s commercial radio sector.
The most recent analyst rating on (AU:A1N) stock is a Sell with a A$0.37 price target. To see the full list of analyst forecasts on HT&E Ltd stock, see the AU:A1N Stock Forecast page.
More about HT&E Ltd
ARN Media Limited, formerly HT&E Ltd, is an Australian media group whose operations span radio broadcasting and related media assets through a wide network of subsidiary entities across major metropolitan and regional markets. The group’s portfolio includes numerous radio stations and associated media businesses in Australia and overseas, positioning it as a significant player in commercial radio and audio advertising.
Average Trading Volume: 878,988
Technical Sentiment Signal: Sell
Current Market Cap: A$118.6M
Find detailed analytics on A1N stock on TipRanks’ Stock Analysis page.