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Light & Wonder (LNW), Southern Cross Electrical (SXE) and A1M (AIC Mines)

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Question asked 21/06/2025

Light & Wonder (LNW), Southern Cross Electrical (SXE) and A1M (AIC Mines)

Hi Market Matters LNW & SXE are on your Emerging Co's Portfolio. When are you likely to Hit Buy - at what price? Also today AIC Mines have announced an equity raise. Will you be participating in the SPP? regards Debbie

Answer

Hi Debbie,

Light & Wonder (LNW): we discussed LNW in detail last month, we like the stock in the $120-130 region, its on our radar.
Southern Cross (SXE): We like SXE in the current $1.60-1.70 area after securing $70mn in new project last week across two major infrastructure projects.
AIC Mines (A1M): have announced an equity raise of up to 33,333,333 shares at 30c. We are assesing, but will likely participate depending on the share price before the offer closes.

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Southern Cross Electrical Eng. Ltd (SXE)

LAST UPDATED 20/06/2025 15:07

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