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.
Why, we were all wondering, did Quenron (QPP) loan CAN6.8 million to a near bankrupt Canadian software company? Reader Inevitgate has the answer. Shimple, so as to not have to admit that revenues booked in 2013 and 2014 were totally uncollectable and so face a P&L hit. Shimples. Great work. Here it is.
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Comments
wildrides
some one send it to KPMG, so they cant miss it !
Invetigate
Those muppets on the BBs think they have a blue chip company. All excited with Toscafund buying over 5%. Its a hedge fund, taking an opportunity. Generally not a long term player.
Some of things they are saying:
* The newspapers need to apologise
* What colour Porsche do I buy
* The appointment of a heavyweight chairman
* We are going to £6
* Its all those horrible shorters fault! Gotham City need to apologise!
Well it defies logic, their over the top enthusiasm and they still do not see that Robert Terry has caused significant problems.
It will interesting how David Currie announces things going forward, especially if information was available alot earlier. This would be breaching LSE/AIM rules….oh does not QPP do that all the time.