SXL 6.96% 53.5¢ southern cross media group limited

SXL 50c Party, page-65

  1. 1,735 Posts.
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    They won't go broke although they almost did in that last crash what they should have done then was demerge ,metro becomes Austereo and regional/country SCA both trading as separate company's and sell either one if the going got tough that would have been a better outcome for smaller shareholders as it is now its better for the major holders the banks I would not be surprised if there was a clean out at the top or you could get new owners if the economy doesn't improve and better revenue.
    interesting times ahead with job keeper up for decussion I'm hearing companies might have to throw open their books to the government on a monthly basis if they want to remain part of it.
 
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