Dear company, what the hell is happening???? Long overdue for news!
This is a major milestone for WDL and therefore Southern Cross. Settlement of the sale of 20 lots in Stage One will now occur within the next 10 days resulting in the payment of FJD$22 million (~AUD13.7 million) to WDL. Certificates of Title for Stages Two, Three and Four are expected in the next three to four weeks and Southern Cross will update shareholders on settlements of lot sales from these titles as they materialise
SXX Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held