Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from Southern Cross Media Group Limited ( (AU:SXL) ).
Southern Cross Media Group Limited has announced the appointment of Kerry Stokes AC as a director, effective 7 January 2026, formalised through an initial director’s interest notice lodged with the ASX. The filing discloses that Stokes holds 124,494 ordinary shares directly and substantial additional indirect interests totaling more than 97 million ordinary shares through entities he controls, including Network Investment Holdings Pty Limited, Kemast Investment Pty Limited and Wroxby Pty Limited, underscoring a significant alignment of his interests with those of the company’s shareholders and signalling a potentially influential role in the company’s strategic direction.
The most recent analyst rating on (AU:SXL) stock is a Hold with a A$0.79 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 is an Australian media company primarily involved in broadcasting and related media services. The group operates across multiple platforms, focusing on delivering content to audiences nationwide and generating revenue from advertising and associated media activities.
YTD Price Performance: -3.80%
Average Trading Volume: 645,368
Technical Sentiment Signal: Hold
Current Market Cap: A$363.9M
For a thorough assessment of SXL stock, go to TipRanks’ Stock Analysis page.