For the second time Slater & Gordon has been forced to make an official statement to correct misleading statements made by Quenron (QPP). What planet is the fraud Quindell on?
Yesterday Quindell stated that “Discussions are progressing with SGH and the indicative terms being discussed would imply a significant premium to the Company's market capitalisation at the close of trading on 20 February 2015.”
S&G has responded by saying that while talks continue “No offer has yet been put to Quindell and there is no certainty that an offer will be put that is attractive to Quindell or that a transaction will eventuate”
You can read the statement HERE
Is eventuate a real word? I do not know. Was the Quindell statement utterly misleading?
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