SXL southern cross media group limited

News: SXL Southern Cross Media Announces Fully Underwritten C.$169M Equity Raising

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    April 6 (Reuters) - Southern Cross Media Group Ltd (SXL) :

    • SOUTHERN CROSS MEDIA GROUP LTD - ANNOUNCES FULLY UNDERWRITTEN C.$169M EQUITY RAISING
    • SOUTHERN CROSS MEDIA GROUP LTD - BOARD EXPECTS NO FY21 DIVIDENDS WILL BE PAID
    • SOUTHERN CROSS MEDIA - FY20 INTERIM DIVIDEND CANCELLED ($21M CASH RETAINED) AND NO FY20 FINAL DIVIDEND WILL BE PAID
    • SOUTHERN CROSS MEDIA GROUP LTD - CAPEX IN FY20 REDUCED TO $17M - $18M IN COMPARISON TO PREVIOUS GUIDANCE RANGE OF $19M - $21M
    • SOUTHERN CROSS MEDIA - EXPECTS TO BE ELIGIBLE FOR JOBKEEPER SUBSIDY FOR ABOUT 1,600 OF FULL TIME EMPLOYEES
    • SOUTHERN CROSS MEDIA GROUP LTD - MANDATORY PAY REDUCTIONS OF 10% FOR ALL DIRECTORS, EXECUTIVES AND EMPLOYEES EARNING OVER $68,000 PER YEAR
    • SOUTHERN CROSS MEDIA GROUP LTD - ALSO CANCELS EXECUTIVE BONUSES
 
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
59.0¢
Change
0.010(1.72%)
Mkt cap ! $141.5M
Open High Low Value Volume
58.0¢ 59.5¢ 57.5¢ $16.65K 28.68K

Buyers (Bids)

No. Vol. Price($)
2 19224 58.0¢
 

Sellers (Offers)

Price($) Vol. No.
60.0¢ 28167 4
View Market Depth
Last trade - 16.10pm 08/08/2025 (20 minute delay) ?
SXL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.