UK 19:52 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
Right now we are focussing on Rob Terry's lies about share trades and about how he and Fidelity are racing to offload their worthless stock in Quenron (QPP). But there is another pressing issue which is just how grim is the cash position. I put it to you that while Mr Terry's personal bank account might be bulging, back at Quenron the position is dire and that is why Mr 2+2 can = 5 is so keen to offload his stock at almost any price. I explain why the game is almost up.
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Comments
alcira16247
Tom
Another great summary of the dire straits at Quindell.
Was thinking…. do you have any idea whether Mr Terry, has offloaded Quindells investment in
Nationwide Accident Repair Services Plc? – currently trading @ 70 pence
As per RNS 25th September 2013 – Quindell purchased 9,7 million for 50 odd million Quindell shares
According to latest figures I can obtain, Quindell held/hold :-
10,928,897 25.3%
Just seems that if Quindell has offload its NARS shares onto the market,it might explain how they have managed to prolong the agony. Although I assume they would have had to make an announcement via RNS. Still just a thought.
Tom Winnifrith
Spoke to NARS yesterday and as of then QPP still held the shares
t
Duff
Another good podcast Tom.
My question is, who is still buying and keeping this SP up? It’s crazy. Are these PI’s averaging down or new comers looking for what they think is a bargain? It’s mind blowing that this company has not gone up in flames yet.
Batman
one thing I must check is also when IT Freedom was acquired, the RNS stated there’s warrants on the co performance for 2012, 2013,2014 etc wonder how that’s going to play out. Whether they begin writing down some of these subs to avoid paying the earn outs (good news for shorts) or they pay the earn outs and further decimate any chance of any cash left (good for shorts) or they do as they seem to have numerous times and just bullshit their way out of it (good for the longs, well not really lol)
Great to see this piece of shit unravelling. Just wish I’d got in higher up. Short opened at £1.89 and safe to say, more than happy with the gains. Gonna be a Christmas,
rob
Just a random theory here
These so called directors purchases could easily have been matched by a spreadbet sale with a few pence spread and a bit of margin deposit (via a crony’s account of course)
If share price falls you get a tax free profit on the short
Having sold the loaned shares @67% why not cover the gap with another spreadbet as well ?
When market twigs and drops to 67% you end up with say 97% say of the pre sale market price in the bank
Why not then take the complete P15S and leave the bet open to the death ?
Food for thought but doubt I am the first to figure it out am I EFH ? QPP ?