As you say, I think the fall back in SXL share price is due to people realising that the A1N stake is more likely a blocking stake in SXL than a first step in a takeover.
How exactly is this in A1N shareholders' interests one might reasonably ask?
One reason I mostly avoid the whole media sector despite some fundamentals periodically looking ok. Whether it's TV or Radio it's more often about influence peddling and egos than shareholder returns.
As you say, I think the fall back in SXL share price is due to...
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Last
68.0¢ |
Change
-0.025(3.55%) |
Mkt cap ! $212.8M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 70.5¢ | 67.5¢ | $254.4K | 364.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 43960 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.0¢ | 86 | 1 |
View Market Depth
| Last trade - 15.07pm 22/07/2024 (20 minute delay) ? |
| A1N (ASX) Chart |