Southern Cross Media Group Limited (AU:SXL) has released an update.
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Pinnacle Investment Management Group Ltd has increased its voting power in Southern Cross Media Group Ltd from 5.46% to 6.47%, reflecting a strategic move in its investment portfolio. This change highlights Pinnacle’s growing influence in the media company, potentially impacting future business decisions and investor sentiment. Such developments are critical for investors keeping an eye on shifts in shareholder dynamics within the financial markets.
For further insights into AU:SXL stock, check out TipRanks’ Stock Analysis page.