There’s been a flurry of activity behind the scenes at ASX-listed radio and television broadcaster Southern Cross Austereo, which will on Monday seek to rebuke a board spill attempt by its newest shareholder, Street Talk understands.
On Wednesday, activist investor Sandon Capital, which appeared as substantial on Southern Cross’ register with a 5.05 per cent stake just two weeks ago, issued a strongly worded letter to the board and major shareholders. It pushed back on Southern Cross directors’ decisions to resume paying dividends and the new executive incentive scheme, describing both as a “thinly veiled bid for short-term shareholder support”.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。