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.
If Quindell (QPP) was not in serious trouble with its Nomad Cenkos and facing an imminent suspension of trading in its shares it would have issued an RNS today. It did not. That deafening silence must set alarm bells ringing in the heads of even the dimmest of shareholders - are you reading Tom Dobell at M&G because that means YOU!
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Comments
Bobby Chariot
Tom Doorbell should buy the Arsenal box from Quindell and get some corporate clients in there to butter them up. In fact he should go the whole hog and sponsor one side of The Emirates – they could call it the doBell End, how apt would that be?
LSU
Perhaps now that RT is selling his shares and Cenkos have made there last major tranche of commission from QPP share-dealing that there is simply no cash left for them to make here. If they can’t do another fund raising round, and there are no more significant board/vendor issued “insider” shares left to sell to make a few percent commission on, then simply taking the direct debit for being NOMAD each month is I guess, with all the high profile issues related to this stock, simply not worth hanging around for.