If Quindell (QPP) was not in serious trouble with its Nomad Cenkos and facing an imminent suspension of trading in its shares it would have issued an RNS today. It did not. That deafening silence must set alarm bells ringing in the heads of even the dimmest of shareholders - are you reading Tom Dobell at M&G because that means YOU!
The Sunday Times said yesterday that Quindell was urgently seeking a new Nomad. Improbably sources close to Quindell said this was because it wished to draw a line in the sand. As I explained yesterday this is patent bollocks – see HERE.
My sources tell me that Cenkos has indicated to Quindell