Thorney Opportunities Ltd. (AU:TOP) has released an update.
19 Cashews Pty Ltd has reported a significant increase in their shareholding in Southern Cross Media Group Limited, with their voting power rising from 8.13% to 10.60%. The series of market purchases, detailed in a recent Form 604 filing, show a concerted effort by 19 Cashews through TIGA Trading Pty Ltd to amplify their influence in the media company. This move could signal a strategic shift or increased confidence in Southern Cross Media Group’s future.
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