It's amazing how little the world of finance understands the music industry.
Never has; never will.

They are awash with huge debts - and need massive income merely to service that !

I think they might be a good one for the long haul. How can i invest considering im in the land of Oz ?? Any ideas on investing ?

Not strictly true MM, their recent fundraising has stripped out most of the debt

Sanctuary shares may be worth buying ... but not as an investment. Only as a (high risk) gamble.

There is (almost) no connection between the

SPG is up almost 10 per cent today (35 pence).

But my warning (see post above) is still valid.

At 4.00 o'clock the price jumped from 33 to 40 and back to 32 within minutes.

4 weeks ago SPG shares cost 175 pence, so maybe there is a chance of a pull back.

nm

Sorry, it was a typing error. Its SGP - but the numbers are right.

The shares are down from over 250 in December. So there
will be some sort of rebound soon.

newsvote.bbc.co.uk/2/shared/fds/hi/busin...4756/three_month.stm

and I think you'll find the shares hit rock bottom some months ago and have been at .25p for some weeks.
But could soon start rising again.
The roses could begin blooming.

www.sanctuarygroup.com/delayed_prices.ph...p;l3=3&rt=CY

In early february the shares traded at around 50 pence, then they went up to around 150 then down again to 30.

After your post on wednesday afternoon and thursday morning there were some wild up and downs (30 to 40 to 30 to 40 and back down again. Friday was quite again.

On their website they write that they OWN recordings of artists like Morrissey.

I thought their new business model was about working for the artist (artist keep the rights, company has only a limited license)?

I think you're missing the decimal point DJ.
For several weeks the shares have hovered around .33p - that's not 33 pence but a third of a penny.
They may move slightly in that area but we're talking tiny amounts.
The generally published worth has not moved much from about .25p in reality; a quarter of a penny or, in old money, a farthing.
But it was over priced a couple of years ago and my suspicion is... it's under priced now.