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Southern Cross Media Group Limited ( (AU:SXL) ) has shared an update.
Pinnacle Investment Management Group Limited has increased its stake in Southern Cross Media Group Limited, raising its voting power from 6.47% to 8.08%. This change in substantial holding indicates Pinnacle’s growing interest and influence in the company, potentially impacting Southern Cross Media’s strategic decisions and market positioning.
More about Southern Cross Media Group Limited
Southern Cross Media Group Limited operates in the media industry, focusing on radio, television, and digital media services across Australia. The company is known for its extensive network of radio stations and television channels, catering to a wide audience with a variety of content offerings.
Average Trading Volume: 280,314
Technical Sentiment Signal: Sell
Current Market Cap: A$166.7M
For detailed information about SXL stock, go to TipRanks’ Stock Analysis page.