SXL 3.16% 46.0¢ southern cross media group limited

Ann: Completion of Equity Raising and Trading Update, page-7

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  1. 2,605 Posts.
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    May be some of those sophisticated investors who got allocations or those who picked up retail left overs are selling out for a quick 50% profit. Cant help it. Even though those chosen to be given were meant to be long time holders. They will always find ways to sell out for a quick stag I suppose. Till that dries out this will hang around these levels. Could be week or two. Lets see.
 
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