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Parallel Media – update at no-one-is-watching o’clock: how do you lose 33% of the company?

By Nigel Somerville, the Deputy Sheriff of AIM | Wednesday 12 July 2017


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Last night at no-one-is-watching o’clock AIM-listed Parallel Media (PAA) slipped out a correction to its major shareholders listed in the recent full-year results for 2016. Actually, it was a major correction: 33% of the company!


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