Australia's Steadfast Group extends losses as CEO steps down amid probe

Steadfast

03/11/2025 02:54

** Steadfast Group SDF.AX falls as much as 6.3% to A$5.25 set to be biggest intraday pct loser on benchmark index .AXJO

** Stock closed 9.7% lower on Friday after co announced CEO and managing director Robert Kelly's temporary departure amid external investigation into workplace complaint against him

** Tim Mathieson appointed acting chief

** YTD, SDF falls 8.8%

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))