UK 18:27 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.
The default position of Quindell (QPP) bulls is that in a worst case scenario it can be saved as was the Innovation Group (TIG) when the fraudster Rob Terry exits stage left. They might not get all their cash back but they would not lose everything. In this podcast, I examine this proposition and conclude that it is rather different this tme and hence why 0p is the only end game for Quenron.
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Comments
Rob Terry Is Going Down
Why don’t you take the initiative and sue them? If Quindell are too scared to sue you then force the issue by suing them thus forcing them into a position whereby they have to file a defence if it gets that far.
The pre action protocol provides that they would have to respond to your detailed pre action letter IN FULL within 14 days of you sending it.
https://www.justice.gov.uk/courts/procedure-rules/civil/protocol/prot_def
easyman
if the declared profits were restated/reduced to zero then QPP could expect a big refund from the taxman which would go a good way to keep its business floating while restructured?
How much tax paid 40m+ refund? add in its cash surplus 20m and then factor in that cash burn would likely be reduced 10m a quarter if its not paying tax and maybe the business starts to be more tempting?
The bulk of RTA claims processing should be profitable, too early to say much about NIHL, but even if thats a no they can still switch 100% to RTA claims.
A lot of cash may have been wasted on acquisitions and business growth. Hard to believe 4000 people all working in unprofitable businesses.