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.
Another day, another RNS from Quindell plc (QPP). Today’s is “to update the market on telematics rollout in Canada”, following Friday’s of an “extension of an existing contract with one of the UK's leading insurance brokers”. The following updates my view with the shares currently more than 4.5% lower on the day at 20.5p.
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