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Southern Cross Austereo enters trading halt pending coronavirus impact announcement

March 23, 2020 1:43

The Hit Network and Triple M Network parent company Southern Cross Austereo (SCA) has announced a pause on trading today as it prepares for an announcement regarding how the business will overcome the impact of coronavirus (COVID-19).

The media company, which also broadcasts TV in the regional Queensland, regional Victoria and regional Southern New South Wales licence areas, has seen its shares fall significantly over the past few months.

Southern Cross Austereo has entered a trading halt

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Hannah Blackiston was the deputy editor of Mumbrella. She worked with the company from March 2019 to November 2020.

Topics
2Day FM coronavirus COVID-19 radio SCA Southern Cross Austereo The Hit Network trading halt Triple M Network
1 COMMENTS
Mary 25 Mar 20

Shut down everything totally for a fortnight. Then deal with the situation at hand and stop pussy footing around with bits and pieces.

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