Southern Cross Media has asked the Australian Stock Exchange for a trading halt in respect of its ordinary shares.
In a letter to the ASX today, Southern Cross says the halt is necessary for the company to assess the impact of COVID-19 on it’s business, and to make an announcement to the markets about the impact and about the measures that SCA is putting in place to address them.
SCA share this morning were trading at 16.5 cents.
SCA calls a halt to trading of ordinary shares
Tags: Covid-19 | COVID19 | Southern Cross Austereo