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.
- Forums
- ASX - By Stock
- Can SGH *really* go bust??
Everyone will walk away. The people involved in the quindell...
-
- There are more pages in this discussion • 59 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SGH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online