SXL 0.76% 66.5¢ southern cross media group limited

Ann: Affiliation with Network 10, page-3

  1. 324 Posts.
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    The main takeaway for me is this:

    "SCA expects its television earnings under the new affiliation agreement with Network 10 to be neutral compared to the current Nine affiliation (excluding JobKeeper and PING funding)."

    So all other things being equal, the share price needs to at least get back to February levels around $2.20-$2.40 before the Nine affiliation termination was known.
 
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