SXL 0.86% 57.5¢ southern cross media group limited

testing 20c soon, page-30

  1. 20,397 Posts.
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    Mac bank was the underwriter so the research is bound to be positive . I think for me the positive is they broke even in April . If they can get through the next 2-3 months and maintain cash, then as the economy picks up they will rerate. I am not sure about a multi bagger, but should trade into the 20s comfortably so 30-50-% low risk upside within 3- 12 months
    does feel like it want to go higher - if the US behaves tonight 17- 18c tomorrow
 
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