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The latest update is out from Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs ( (AU:SX2) ).
Southern Cross Gold Consolidated has reported a change in the indirect holdings of director Ernest Thomas (Tom) Eadie, held through Thea Management Pty Ltd as trustee of a family account. The disclosure reflects movements in his stake via both ordinary shares and multiple classes of unlisted options.
Eadie converted 1.6 million options into shares and conducted an on‑market sale of 260,000 common shares, while also disposing of a total of 1.6 million options at specified exercise prices. Following these transactions, his indirect holding increased to 2,359,961 shares, signaling a higher equity position despite the sale and providing investors with updated visibility on director alignment with shareholder interests.
The most recent analyst rating on (AU:SX2) stock is a Hold with a A$10.70 price target. To see the full list of analyst forecasts on Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs stock, see the AU:SX2 Stock Forecast page.
More about Southern Cross Gold Consolidated Ltd. Chees Depository Interest Repr 1 shs
Southern Cross Gold Consolidated Ltd is a resources company focused on gold exploration and development, with its securities listed on the ASX. The company operates within the mining sector, providing investors exposure to gold-related assets through ordinary shares and various classes of options.
Average Trading Volume: 365,023
Technical Sentiment Signal: Buy
Current Market Cap: A$2.92B
Learn more about SX2 stock on TipRanks’ Stock Analysis page.