The PMP share price is now at 16.5 cents, that’s a decline of 34% since mid October and a drop from 50 cents in May. PMP owns magazine distributor Gordon and Gotch.
While the share price is a reflection on the overall business, it will concern suppliers to and customers of Gotch. It concerns me and makes me wonder if we will end up with one large magazine distributor. I understand we have IPS but their growth is tied to the future of Fairfax.
There have been some share register changes at PMP that could have impacted the price. But that was weeks back.
YES THAT is very dangerous. What else is pmp involved in?
Printing and brochure distribution.