What is happening at Quindell (QPP)? Blind panic is what is happening. That death is the outcome is now beyond all doubt, the only question is when and how. To win a bottle of freshly pressed olive oil from my Greek place enter our “when will Quindell shares be suspended sweepstake” here. This is fascinating as so many parties are involved.
One thing that could cause an immediate suspension of the shares is the resignation of Nomad Cenkos. No other Nomad will take this on and I have just had a source on the phone saying that Cenkos wants to resign, will resign and it is just a matter of timing. So who knows when a Cenkos triggered suspension could occur, but it could be at any stage.
Secondly there are the banks.