SGH 0.00% 54.5¢ slater & gordon limited

Everyone will walk away. The people involved in the quindell...

  1. 125 Posts.
    Everyone will walk away.

    The people involved in the quindell deal will all have no doubt received bucket loads of cash from the deal regardless of its failure

    And from quindells side. well done. They got a absolute bucket load of cash. There would of been lots of champaign flowing after that deal was signed.
    Group chief executive Robert Fielding resigned immediately after.


    Unfortunately for shareholders its very similar to what anchorage did to DSH
    In both cases you cannot trust the businesses to do due diligence themselves.

    You need to decided what these companies are worth
    http://gothamcityresearch.com/2014/04/22/quindell-plc-a-country-club-built-on-quicksand/

    If i held SGH i would of sold the minute the quindell deal was announced.

    And i dont believe that SGH management were tricked.
 
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Currently unlisted public company.

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