RE: The bottom drawer10 Sep 2020 23:28
The only play left having failed and burnt millions at diversification is to re brand as a news and mags wholesaler only and take out Menzies contracts and be last man standing. Not very attractive as little synergy savings apart from HO costs and margin decline from publisher squeeze. Sales falling of a cliff with retail foot fall all time low and buying habits changed for good. Also this is not a growth stick nor yield as no dividend