Yesterday I posed a number of questions about the purchase of a 19% stake in Himex in July 2013 by Quindell (QPP). Thankfully one question – has been answered by folks who are not Bulletin Board Morons. But that throws up another question and – having slept on it – I realise that I missed out one er…untruth - from that July RNS.
The question answered is how come Quindell did not issue any shares to buy the stake (as per annual report) when it claimed it was paying £9.5 million via 64.8 million shares and £1.8 million in cash?
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