SXE southern cross electrical engineering ltd

Ann: Notification of commencement of arbitration, page-3

  1. 731 Posts.
    lightbulb Created with Sketch. 44
    I don't see this as being unduly negative:
    - the amount under dispute is revenue plus interest not actuals
    - I don't know how the disputed amount is being treated in the accounts but since this is over 5 years old hopefully some written off already in the event of bad news. Legal fees are an extra expense.
    - a win increases the already significant cash holdings in the comany.
    - My best guess is there will be a negotiated settlement which won't be material to the profit result - but the cash received can be usefully deployed by the settlement amount.
    - they have a diverse and loyal customer base so reputation shouldn't be an issue.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$1.86
Change
0.035(1.92%)
Mkt cap ! $490.4M
Open High Low Value Volume
$1.84 $1.93 $1.84 $2.890M 1.535M

Buyers (Bids)

No. Vol. Price($)
1 3315 $1.85
 

Sellers (Offers)

Price($) Vol. No.
$1.90 22939 1
View Market Depth
Last trade - 16.10pm 07/08/2025 (20 minute delay) ?
SXE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.