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Southern Cross Electrical Engineering Limited ( (AU:SXE) ) has issued an update.
Southern Cross Electrical Engineering Limited announced the quotation of 1,201,087 ordinary fully paid securities on the ASX, effective August 26, 2025. This move, part of an employee incentive scheme, is expected to enhance the company’s market presence and provide liquidity, benefiting stakeholders by potentially increasing the company’s operational flexibility and attractiveness to investors.
The most recent analyst rating on (AU:SXE) stock is a Buy with a A$2.40 price target. To see the full list of analyst forecasts on Southern Cross Electrical Engineering Limited stock, see the AU:SXE Stock Forecast page.
More about Southern Cross Electrical Engineering Limited
Southern Cross Electrical Engineering Limited operates in the electrical engineering industry, providing a range of services including electrical, instrumentation, communication, and maintenance services. The company focuses on delivering these services to various market sectors, including resources, infrastructure, and commercial industries.
Average Trading Volume: 663,584
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$506.3M
See more data about SXE stock on TipRanks’ Stock Analysis page.