I will try to make this the last Quindell (QPP) piece of the week but I have slept on it and the statement of yesterday threw up far more questions than it answered. I am afraid that I must again start with that £15 million loan AIM Cesspit listed Quindell has advanced and which appeared on the year-end balance sheet.
The company says that its share price is driven down by misinformed press speculation. Such speculation abounds when a company declines to answer a simple question or two. To whom was the loan made, why and when and on what terms? I put the question to foxy PR bird Bex (via her assistant) on Monday morning. On Monday Afternoon I put the question to Twitter obsessed CEO Terry via his assistant. In both cases I was promised a call back with an answer. I have to tell you that no such call has been received.
And I am not the only one asking this question. Why the refusal to explain and to answer?
But I move on.
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