Macquarie and Citi were involved in the DD for the purchase of the businesses from quindell and also involved in supplying shorts stock. If you read the ca update thread, yesterday it's very obvious that both of these third party firms will be included in the class action. As a conflict of interest the exposure had to go.
AFR are leaving out some of the most important and interesting facts about why this has occurred. More than meets the eye, but all will be exposed eventually
SGH Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held