Big Fall in SMG Share Price

The owners of stv yesterday suffered a near 20 per cent drop in its share price, to below 40p a share.

Yesterday, SMG shares ended at 37.7p, an 18.13 per cent drop on the day, and dramatically down on the 80p-plus price at the tail end of last year. Even in mid-June this year, the price was around 60p.

It was being reported yesterday that