UK 13:57 Monday, 26 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.
Last week, websites supportive to Quindell (QPP) claimed that there would be a bid for QLS from Slater & Gordon by the weekend because its exclusivity deal with Quenron ran out on Friday. Quindell ignored that comment. Today, with its shares in freefall, it has in a raher panicked way “responded to press comment” and said exclusive talks are still on. So what does that tell us?
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Comments
filthy lucre
Tom when did the company ever say that today was the end of exclusivity?
Surely that date was only rumour, and we know how wrong that has been recently!
Why would S & G pay for exclusivity if they were the only potential suitor?
And what is all this about Mobile Doctors selling some of their order book?
First I have heard about it.
Invetigate
Interesting comment from www.hotcopper.com.au
An Australian BB
biohope on SGH 10.40am 2 Feb 2015 Aust Time before UK opened
Quindell shareholders live in hope
“Quindell shareholders live in hope that SGH buys their legal division at a high price. SGH in great position, it does not have to buy anything. However Quindell needs cash, as we know PI claims have long lead time for the cash.
Some turkeys in UK think SGH will do a joint venture with Quindell. Why would SGH put their name together with Quindell?Hopefully I am not the turkey as I believe SGH will be a vulture.”
Interesting SGH the vulture!
Invetigate
FILTHY
S&G (SGH) did not pay for exclusivity, they paid for personal injury litigation case files….
Worth reading SGH’s announcement to ASX on 22 Jan 2015.
KANGAROO
FILTHY – re mobile doctors Tom detailed that little more than a week ago in a bearcast special. Keep up ffs !
filthy lucre
KANGAROO
Well it must be true then, like Quindell losing the Swinton contract, bust before Christmas, several times etc.